Stellantis (STLAM IM) reportedly looking to sell Aramis Group

Aramis, the online used-car retailer in which Stellantis holds a controlling stake alongside the founding shareholders, sits in a segment that has seen valuations compress sharply since listed peers in digital car retail de-rated, so any process would likely test appetite in a buyer's market rather than set a benchmark. The distinction worth drawing is between a full exit and a partial selldown: a full exit signals retreat from the direct-to-consumer retail model the group once championed, while a stake reduction reads as balance-sheet housekeeping. A 'reportedly looking to sell' headline is early-stage, and precedents of this kind often run through a process that ends in no transaction or a delayed one. Worth watching is confirmation of a mandated bank, the treatment of the remaining shareholders' rights, and whether this is the first of a broader portfolio review, which would matter more for the equity than the disposal proceeds themselves.