Stellantis and Mutares have signed an agreement for the complete acquisition of Free2move. The carsharing business currently operates free-floating services in 14 major cities across Europe and the United States, accessible 24/7 via its dedicated app. In Germany, the service is available in Berlin, Munich, Cologne, Hamburg, Frankfurt, Stuttgart, and Düsseldorf. In 2024, Share Now was integrated into Free2move, which in turn emerged in 2019 from the merger of BMW’s carsharing service Drive Now and Daimler’s equivalent, Car2Go.
The sale aligns with Stellantis’ disciplined financial management approach, as outlined in its ‘FaSTLAne 2030‘ strategic plan. The group is refocusing its financial resources on its core automotive business, as well as high-margin key regions and technologies. Through this move, the multi-brand manufacturer (including Fiat, Opel, and Peugeot) aims to streamline its portfolio and reduce operational complexities in the mobility services sector.
“By sharpening our focus on core automotive activities, we strengthen our capacity to deliver long-term performance,” said Virgilio Cerutti, Head of Business Development & Partnerships at Stellantis. The company is working closely with all stakeholders to ensure a smooth transition for customers, partners, and employees.
