06:11 AM EDT, 10/02/2025 (MT Newswires) -- Stellantis ( STLA ) is looking to potentially sell its car-sharing business, Free2move, Bloomberg News reported Thursday, citing people familiar with the situation.

The move could be part of Chief Executive Antonio Filosa's plan to exit unprofitable businesses and focus investments on core assets and regions, according to the report.

The automaker has reached out to potential buyers for Free2move, the sources said, adding that talks are at an early stage and there is no guarantee that a deal will take place.

Stellantis ( STLA ) is conducting a broader review of its portfolio assets and industrial footprint, with the aim of presenting a new business plan to investors in Q1 of 2026, the people told Bloomberg.

The company did not immediately respond to MT Newswires' request for comment on the matter.

Shares of Stellantis ( STLA ) were up almost 6% in recent Thursday premarket activity.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)