GM Launches Peer-to-Peer Car Sharing Service on Rental Platform

Advertisement
By Agence France-Presse | Updated: 25 July 2018 16:27 IST

General Motors said Tuesday it was launching a peer-to-peer car rental service to allow owners to make money by listing them as shared vehicles.

The US auto giant said GM car owners would be able to list their vehicles via Maven, its car-sharing service in which the company offers hourly or daily rentals.

GM's new service will be entering the "sharing economy" in competition with peer-to-peer rivals like Getaround and Turo, which enable car owners to rent their cars using online platforms.

Advertisement

"Your car is one of the most expensive things you own. Sitting idle, it is a wasted asset," said Julia Steyn, vice president of General Motors Urban Mobility and Maven.

Advertisement

"It's time to put your car to work. Maven's peer-to-peer offering is a smart way for owners to offset their vehicle investment."

The new service is launching immediately in Chicago, Detroit and Ann Arbor Michigan with additional US markets in the coming months.

Advertisement

It will be integrated into Maven, the smartphone app rental service launched by GM in 2016 which has some 150,000 members.

GM said "peer cars" will be available alongside GM's own Maven cars for rental.

Advertisement

The website set up by GM indicates car owners will be able to set their own rental price, with GM providing insurance, satellite tracking via OnStar and keyless access. The owners will keep 60 percent of the rental fees.

 

For the latest tech news and reviews, follow Gadgets 360 on X, Facebook, WhatsApp, Threads and Google News. For the latest videos on gadgets and tech, subscribe to our YouTube channel. If you want to know everything about top influencers, follow our in-house Who'sThat360 on Instagram and YouTube.

Further reading: GM
Advertisement

Related Stories

Popular Mobile Brands
  1. From Nano Banana to ChatGPT, Create Free Diwali Images Using These Chatbots
  2. Thanal Comes to OTT: Everything You Need to Know About This Tamil Action Thriller
  3. Mysterious Asteroid Impact Found in Australia, But the Crater is Missing
  1. Mysterious Asteroid Impact Found in Australia, But the Crater is Missing
  2. Thanal Comes to OTT: Everything You Need to Know About This Tamil Action Thriller
  3. Madam Sengupta Is Now Streaming: Know Where to Watch This Bangla Crime Thriller
  4. Ryugu Samples Reveal Ancient Water Flow on Asteroid for a Billion Years
  5. Scientists Create Most Detailed Radio Map of Early Universe Using MWA
  6. Mayor of Kingstown Season 4 OTT Release: Know When, Where to Watch Jeremy Renner's Crime Drama
  7. Our Fault Is Streaming Now: Know All About This Gabriel Guevara and Nicole Wallace Starrer
  8. The Conjuring: Last Rites Is Now Streaming Online: Know Where to Watch the Latest Installment from the Horror Franchise
  9. Delhi Crime Season 3 OTT Release: Know When to Watch This Shefali Shah Thriller Series
  10. Vast Space to Launch Haven-1, the World’s First Private Space Station in 2026
Gadgets 360 is available in
Download Our Apps
Available in Hindi
© Copyright Red Pixels Ventures Limited 2025. All rights reserved.