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Stellantis to sell Free2move car-sharing business to Mutares by end of 2026

Company Fundamentals
28 Jul 2026
GlobeNewsWire
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Neutral
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Stellantis has agreed to sell its Free2move car-sharing business to Mutares, with the transaction expected to close by the end of 2026. Free2move operates free-floating car-sharing services across 14 cities in Europe and the U.S. This sale aligns with Stellantis' strategy to focus on core automotive activities and allocate capital more efficiently. Mutares plans to grow Free2move as an independent platform, enhancing its fleet management and electric vehicle transition while improving customer experience.

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