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Sixt: New platform for used cars launched

$DE000A1K0656

$SIX2 (+1,01 %)

From now on, not only vehicles from the Sixt fleet can be marketed, but also cars from fleet operators such as leasing companies, banks, insurance companies or OEMs.


With

www.Sixtcarhub.com


a new remarketing platform that is open to external partners for the first time. In future, it will not only be possible to market vehicles from the company's own fleet, but also cars and commercial vehicles from fleet operators. The rollout of the digital sales channel will begin in Germany, Austria, Italy, France and Spain.


"We are thus creating a solution that further develops the used car trade for business customers and consolidates Sixt as a strong partner in the B2B sector," says Dr. Nils Hüske, Chief Commercial Officer at Sixt. "At the same time, Sixtcarhub.com is a central component of our fleet rotation, through which we resell some of the vehicles ourselves."


No own platform required

Sixtcarhub.com offers sellers an asset-light model: they do not need their own platform, but simply place their vehicles online. Sixt takes care of the entire process - from technical inspection and pricing to secure sales processing. Fleet operators save time, benefit from faster marketing, attractive margins and direct access to the market.


With this solution, Sixt claims to be the first remarketing provider to offer a fully integrated consignment structure. The vehicles remain in the possession of the sellers, while Sixt takes over the marketing and the entire sales process.


In contrast to classic remarketing, sales are therefore not made via intermediaries, but via the consignment network - a network of certified dealers who broker the vehicles directly to end customers.

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4 Commentaires

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Super! I'm looking forward to it. I've accumulated $SIX2 preferences for 54 in Schmitt. Figures hopefully also fit + starcar now also off the market in the long term.
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@Michey777 I've been in for 2 years (unfortunately), limits placed for additional purchases. Medium potential and dividend as a substitute for fixed-term deposits.
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@Smudeo Dividends are really good, but unfortunately no American investor is interested at the moment, as overnight money is significantly higher there than here. And unfortunately they still determine the direction of the market in Germany (and probably always will). Apart from that, $SIX2 renewed its financing today (and got better conditions.) very good sign for us as investors :) I could well imagine that November 13th with the q3 figures will be quite good.
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@Michey777
Sales increase of around 6% to 1.32 billion euros
Earnings before taxes (EBT) should increase by around 13% to 279 million euros
EBT margin around 21.2%
Earnings per share around 2.33 euros
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