Stellantis sells car-sharing business as CEO Filosa focuses on core auto-making

Stellantis agreed to sell its Free2move car-sharing unit to German investment company Mutares, the automaker said on Tuesday. The deal comes as CEO Antonio Filosa continues efforts to sharpen the group’s focus on core vehicle production. Terms of the transaction were not included in the Reuters brief, but the move signals further portfolio reshaping for Stellantis, which has been streamlining activities beyond manufacturing. Free2move operates a car-sharing service across multiple European markets, and shifting ownership to a financial buyer suggests Stellantis is looking to reduce business segments not directly tied to building vehicles. The announcement was reported from Milan.