Overview
- Stellantis signed an agreement with Munich-based Mutares to sell its entire shareholding in the Free2move car‑sharing business, with the parties expecting the transaction to close by the end of 2026.
- Free2move operates free‑floating short‑ and long‑term car‑sharing fleets across 14 cities in Europe and the United States and is booked through a proprietary mobile app.
- Completion of the deal is subject to employee information and consultation procedures, regulatory approvals and other customary closing conditions.
- Mutares plans to carve Free2move into an independent mobility platform, reorganize international fleet management and accelerate the shift to battery‑electric vehicles.
- Stellantis said the sale advances the FaSTLAne 2030 focus on disciplined capital allocation and core auto activities and closes a chapter that began when PSA launched Free2move in 2016.