Stellantis signals long‑term turnaround while selling Free2Move car‑sharing unit

Stellantis reported a 13% rise in Q2 2026 revenue to €43.48 billion, driven by a 32% jump in North‑American sales of Ram pickups and higher‑margin Jeep models. Adjusted operating profit rose to €773 million, but the adjusted operating margin stayed around 1.8%, far below the group’s historic levels. CEO Antonio Filosa warned that the company’s recovery will take years, noting pressure from European price competition, R&D costs, and unfavorable exchange rates. Investors reacted sharply, with the Milan‑listed share falling 4.31% after the results.

In line with the new FaSTLAne 2030 strategy, Stellantis announced the sale of its entire stake in the Free2Move car‑sharing subsidiary to investment firm Mutares, ending its participation in the shared‑mobility business. The move marks a shift away from the previous Dare Forward 2030 plan that had prioritized diversification into car‑sharing, focusing instead on core automotive operations and profitability.