GM tipped to launch peer-to-peer auto rental service

General Motors Planning Airbnb-like Program

Through its Maven carsharing unit, General Motors is reportedly set to pilot a program allowing GM owners to rent out their vehicles when they aren't in use, sources close to the matter told Bloomberg.

This summer Maven will start testing a new peer-to-peer car-sharing option that will allow users to add cars to Maven's platform for other drivers to rent.

According to the story, GM vehicle owners can put their cars on Maven's platform and then will share the revenue from the renal with GM.

With the new form of Maven it is unclear whether only GM vehicles will be eligible or if it will be open to all vehicles and manufacturers like Turo and Getaround. Rather than using its own fleet of cars, Maven would bring in current auto owners, GM would have access to many more vehicles without having to own and maintain them.

Syria: US-Turkey meeting 'postponed' after Tillerson fired
Speaking in Ankara, the Turkish president was quoted as saying by the AFP news agency that "We have got a little closer to Afrin". The Turkish military said the siege of Afrin began on Monday after the military took control of "critical areas".

A spokesman for Detroit, Michigan-based GM declined to comment. Maven Gig also lends cars to drivers working for companies including Uber, Lyft and food-delivery businesses. Turo and Getaround are two bigger names in the space, though GM dwarfs both upstarts with its market value of $53 billion. In the last two years, Turo has seen its user base grow to almost 5 million and listed cars triple to about 200,000 units.

"Carmakers are preparing for disruption, so they are experimenting with different models", Marian said by phone.

Tesla Inc has hinted at a peer-to-peer sharing network, although the vision CEO Elon Musk laid out in July 2016 alludes to a service using fully self-driving cars. Cities like San Francisco are also pursuing legal action to regulate such companies.

Because of the success of Maven, it makes sense that GM is looking to expand the program.

Related News:



Most liked

Netanyahu brokers coalition deal to avoid early elections
Should Lieberman and his party quit, Netanyahu's coalition could in theory continue with a one-seat majority in parliament. Especially, as recent polls show favorable signs of re-election as per polls by Israel's Channel Ten news on Monday.

Twitch and Amazon Announce Free Games With Prime Program
Through the program, subscribers with Twitch Prime memberships will receive a collection of free games to keep each month. To start things off, Amazon and Twitch are reaching into their gaming gift bag and pulling out Superhot and Oxenfree .

Former president Barack Obama unveils his picks for men's, women's NCAA Tournaments
Obama, for the second March in a row, is making his picks known despite the fact that he's no longer in office. Previous year he picked the North Carolina men and UConn women to win, and at least the Tar Heels obliged.

Wales run in five tries against Italy
In between, Cory Hill added the hosts' third try before North forced his way over for his second in the 66th minute. His pass found North, who finished off his 31st Test match touchdown, with Gareth Anscombe adding both conversions.

Mission 2019: Sonia Gandhi hosts dinner to opposition parties
Congress party former chief Sonia Gandhi on Tuesday hosted dinner for leaders from the opposition parties. He also said the leaders reflected tremendous positive energy, warmth and genuine affection.

Armed Teacher Injures Students When Handgun Accidentally Fires During Gun Safety Class
He was the department's 2013 reserve officer of the year. "It's the craziest thing", Gonzales told the station. Alexander was demonstrating how to handle a gun safely when it fired.

Mubadala, Eni sign deal to purchase stake in Egyptian Shorouk concession
We are pleased to be working with Mubadala and welcome them into the partnership for the Shorouk concession. Currently, production from the Zohr field is 400 million scf per day.

Kevin Harvick wins third straight NASCAR race
Kyle Busch won the first 75-lap stage, and brother Kurt Busch took the second in a one-lap shootout after a caution period. But he was the class of the field late in the race in winning for the seventh time in the past 12 Phoenix races.

Delaware County named healthiest in the state in annual county rankings
Oakman also says that the childhood poverty rate is a major factor in Washington County's ranking; there, the rate is 28 percent. Republic is in north central Kansas, Morton is in the southwest corner, and Labette and Woodson are in the southeast corner.

Netflix, Inc. (NFLX) Shares Bought by Brighton Jones LLC
On Tuesday, the stock touched an all-time high of $325.79, up 70% just this year (after gaining 55% last year). Finally, WINTON GROUP Ltd acquired a new stake in shares of Netflix in the second quarter worth $787,000.

President Trump looking to impose tariffs on Chinese imports, including tech products
Their experience and observation would be that local jobs and incomes are lost when "unfair" imports replace local goods. If we lose access to their cheap goods and services, we pay more for clothes and toys and toothpaste at Walmart.

Bears miss out on big dance, NIT bound
Eight SEC teams were picked for the 68-team NCAA field, compared to four from the Big Ten. On their final NCAA team sheet, the Huskers' RPI was 56, with an average RPI win of 180.

Facebook is banning far-right party Britain First for peddling bigotry
The Mayor of London , Sadiq Khan, said: 'Britain First is a vile and hate-fuelled group whose sole objective is to sow division. Facebook is regularly criticised over content which it bans or indeed content it allows to be published.

BJP moves EC against Congress' Rajya Sabha nominee in Gujarat
Asked if the BJP approached the Central Election Commission on the issue, Gohil said: "Let them go wherever they (BJP) want to". Meanwhile, BJP alleged that there was anger among Congress leaders as the party had sprung surprises in candidate selection.

ASU Basketball: Sun Devils take on Orange in First Four
But when the best attendance number the team did all year was 2,681, the NCAA knows that the overall fan interest is not there. They are much more limited there, as the scoring trio has taken 92.6 percent (556-of-600) of its 3-point attempts this season .