Free 2 Move’s launch is part of PSA’s ‘Push to Pass’ strategy, which pulled the company out of financial difficulties and into profit. The second part of the plan was announced by PSA boss Carlos Tavares earlier this year. The group is discussing its new brand in detail at the Paris motor show.
Free 2 Move was created after several investments in related firms, such as PSA’s purchase in a stake of Canadian car-sharing company Communauto, partnering with Masternaut, an Anglo-French telematics company that specialises in fleet management, and a €100 million (around £86m) investment in two car rental start-ups, Koolicar and Travelcar.
Grégoire Olivier, executive vice president of mobility services for PSA, said at the Free 2 Move launch: "For the PSA Group, mobility means not only making and selling excellent cars, but also offering a full range of mobility solutions.