Stellantis agrees to sell Free2move car-sharing business to Mutares
Reuters2026/07/28 06:01By:Reuters
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- Stellantis agreed to sell its entire stake in Free2move’s car-sharing business to Mutares, creating a new mobility platform for the buyer.
- Deal targets closing by end-2026, subject to customary conditions.
- Free2move runs free-floating car-sharing in 14 cities across Europe and the US, bookable via its mobile app.
- Mutares plans to overhaul fleet management, continue the shift toward battery-electric vehicles, and sharpen customer experience.
- Stellantis is exiting to sharpen capital allocation under its FaSTLAne 2030 strategy, prioritizing higher-return regions, brands, and technologies.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Mutares SE & Co. KgaA published the original content used to generate this news brief via EQS News (Ref. ID: corporate_2367560_en) on July 28, 2026, and is solely responsible for the information contained therein.
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