Automotive

Stellantis, hypothesis of sale of Free2Move car sharing business

The divestment of Free2move is part of a strategy to focus on strategic areas and divest non-profit assets

Dipendenti al lavoro sulla linea di produzione delle nuove auto elettriche Peugeot e-3008 ed e-5008 presso lo stabilimento Stellantis di Sochaux, nella Francia orientale (Foto di FREDERICK FLORIN / AFP)

1' min read

Translated by AI
Versione italiana

1' min read

Translated by AI
Versione italiana

Stellantis is considering the sale of its car sharing business Free2move. Bloomberg reports this, citing sources close to the transaction 'who asked not to be identified'. No comment from Stellantis. The carmaker, Bloomberg explains, has contacted potential buyers for Free2move. The evaluations are reportedly at an early stage and there is no certainty that a deal will be reached.

According to Bloomberg, 'a broader review of the group's portfolio assets and industrial footprint is underway at Stellantis, with the aim of presenting a new business plan to investors in the first quarter of next year, the sources said. A Stellantis representative declined to comment. The sale of Free2move could be part of Filosa's plan to exit unprofitable businesses and focus investments on strategic assets and areas'.

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Bombardieri, Filosa clarify to trade unions what are plans for Italy

From Stellantis 'we expect employment' and from the meeting of the CEO, Antonio Filosa, with the trade unions on 20 October next, 'we expect him to clarify what the investment plans are in Italy, what models will be produced in the Italian plants, how employment in Italy will be relaunched, because in the meantime, while we are waiting for this news, we record that Stellantis invests in Spain, invests in other countries, invests in America. Here, we would like to understand if Stellantis still has Italy in its main mission'. This was said by the secretary general of Uil, Pierpaolo Bombardieri, on the sidelines of the national assembly of Uilm.

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