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Briefing
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- Peer-to-Peer Car Sharing – General Motors launched pilot of Peer Cars in Detroit and Ann Arbor, Michigan as well as in Chicago, Illinois, which allows owners to rent out their GM cars to other customers through company’s car sharing platform Maven
- Eligible Units – Include Buick, Cadillac, Chevrolet, or GMC cars and trucks that are 2015 models or newer
- Expanded Car Sharing Platform – Initiative is expansion of Maven, which primarily uses GM-owned cars to provide car-sharing services to over 150,000 subscribers
- Potential Upside – Can provide alternative source of income for owners of underutilized cars, enabling them to earn up to $500 per month through its 50-50 revenue split with GM
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Accelerator
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Market Disruption
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Business Model and Practices
Business Model
and Practices
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Sector
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Transportation and Logistics
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Organization
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General Motors Co.
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Source
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Original Publication Date
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July 24, 2018
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