GM is piloting a new P2P car-sharing service
GM Is Piloting A New P2P Car-Sharing Service
GM will start piloting a new peer-to-peer (P2P) car-sharing service this summer that will allow GM car owners to rent out their vehicles when they're not using them.Owners of GM cars, including Chevrolets, Buicks, and Cadillacs, will be able to make their cars available on GM's Maven car-sharing platform for other drivers to rent and will split revenue from bookings with the automaker.
While the tests will initially be conducted as part of Maven, the automaker hopes to spin them out into a separate business segment if these pilots are successful. It's unknown exactly which geographies the company will test this service in, though it will likely be in areas where Maven already operates.
This move gives the auto giant an opportunity to expand its existing portfolio of mobility services.
BI Intelligence analyst Nick Shields has the full story.
