The companies announced the agreement Wednesday, with the transaction expected to close by the end of 2026. The deal remains subject to regulatory approvals, employee consultation requirements, and other customary closing conditions. Financial terms were not disclosed.<\/p>\n
A More Focused Stellantis<\/p>\n
The sale is connected to Stellantis\u2019 FaSTLAne 2030 strategy<\/a>, which calls for a more disciplined approach to where the company invests its money and resources.<\/p>\n In practical terms, Stellantis wants to direct more attention toward the brands, markets, vehicle programs, and technologies it believes can produce the strongest long-term returns. Selling the Free2move car-sharing operation allows the automaker to step away from directly managing another mobility service while focusing more heavily on its traditional automotive operations.<\/p>\n Free2move has grown into a geographically diverse mobility platform offering short- and long-term car-sharing services. Customers can locate, reserve, and access vehicles around the clock through the company\u2019s mobile application.<\/p>\n The operation currently maintains fleets across 14 cities in Europe and the U.S.<\/p>\n \u201cBy sharpening our focus on core automotive activities, we strengthen our capacity to deliver long-term performance,\u201d commented Virgilio Cerutti<\/a>, Head of Business Development & Partnerships at Stellantis. \u201cWe are committed to working closely with all stakeholders to support a smooth transition process for customers, partners, and employees.\u201d<\/p>\n For Mutares, the acquisition creates a new operating platform in the mobility sector. The company intends to separate the car-sharing operation from Stellantis and manage it as an independent business.<\/p>\n Its plans include improving the management of Free2move\u2019s international vehicle fleet<\/a>, continuing the transition toward battery-electric vehicles (BEVs), and placing greater emphasis on customer service and the urban transportation needs of municipalities.<\/p>\n Operating independently could also give Free2move more flexibility, dedicated investment, and the ability to make decisions without competing against Stellantis\u2019 larger vehicle programs for resources.<\/p>\n \u201cFree2move\u2019s car-sharing business combines a strong, internationally recognized brand with clear potential for operational improvement following an intended carve-out from Stellantis,\u201d commented Johannes Laumann<\/a>, CIO of Mutares, adding: \u201cTogether with the management team, we look forward to strengthening Free2move\u2019s operating model and further developing the company into an independent leading platform in the mobility sector.\u201d<\/p>\n What Happens Next<\/p>\n Free2move will remain under Stellantis ownership until the transaction is completed. Both companies plan to work with employees, customers, business partners, regulators, and employee representative groups throughout the transition.<\/p>\n The agreement does not mean Free2move is shutting down. Instead, the car-sharing operation is expected to continue under Mutares with a more independent structure and a renewed focus on improving its performance in the competitive urban mobility market.<\/p>\n \t\t \t\t\tRobert S. Miller<\/p>\n![\"\"](\"https:\/\/www.europesays.com\/france\/wp-content\/uploads\/2026\/08\/JEEPF2MColumbusr6la3hrs0bidqtlb4s3ephp4ic.jpeg\")
Free2Move Jeep\u00ae Renegade Limited Car-Sharing Vehicle in Columbus, Ohio. (Free2Move).
\nMutares Expands Into Mobility<\/p>\n![\"Robert](\"https:\/\/www.europesays.com\/france\/wp-content\/uploads\/2026\/08\/1785710562_285_e7ffc7c34349b9d01cde865b3bbcf944f1b843c95b3f60b14675c59ec8016dd1.png\")
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