Skip to main content

Maven expands peer-to-peer car-share service

General Motors’ subsidiary Maven is expanding its peer-to-peer car-share option to more US cities. The service – which sees owners renting out their vehicles - is currently available in four urban areas: Ann Arbor, Chicago, Denver and Detroit. But GM says it will now be rolled out in Baltimore, Boston, Jersey City, Los Angeles, San Francisco and Washington, DC by the end of the year. Owners can rent out their GM car, so long as it is registered in 2015 or later, with Maven taking 40% of each rental. Despi
October 30, 2018 Read time: 2 mins
948 General Motors’ subsidiary Maven is expanding its peer-to-peer car-share option to more US cities.


The service – which sees owners renting out their vehicles - is currently available in four urban areas: Ann Arbor, Chicago, Denver and Detroit. But GM says it will now be rolled out in Baltimore, Boston, Jersey City, Los Angeles, San Francisco and Washington, DC by the end of the year.

Owners can rent out their GM car, so long as it is registered in 2015 or later, with Maven taking 40% of each rental. Despite this cut, the company insists that drivers can earn thousands of dollars.

For example, it suggests a Chevrolet Camaro could be hired out at $22.50 per hour and $225 per day. That being the case, owners could make as much as $19,278 per year, assuming it was rented out for 12 weeks, the firm says. GM offers $1m liability insurance.

Maven suggests that owners already “pay more than $8,000 per year on average for costs including depreciation, insurance, maintenance and fuel”.

Maven also has a traditional %$Linker: 2 Internal <?xml version="1.0" encoding="utf-16"?><dictionary /> 4 33749 0 link-external car rental service false /categories/utc/news/maven-simplifies-car-sharing-for-toronto-members-via-app/ false false%> similar to that offered by Avis’ Zipcar or Daimler’s Car2go, as well as Maven Gig, which is aimed at workers in companies such as Uber and Lyft. In addition, GM owns autonomous vehicle technology firm %$Linker: 2 Internal <?xml version="1.0" encoding="utf-16"?><dictionary /> 4 25789 0 link-external Cruise false /categories/location-based-systems/news/gm-to-accelerate-autonomous-development-with-cruise-automation-acquisition/ false false%>.

Related Content

  • February 28, 2014
    DTV implements long-term cycle monitoring
    B-Riders (www.b-riders.nl) is the first project ever to closely follow a large group of bike users (2,500 participants) over a long period of time – one year. A highly innovative bike tracking system was developed, and implemented, featuring an app that automatically registers all trips 24/7. The system then autonomously analyses trips and assigns them into categories - foot, car, public transport or bike.
  • June 24, 2019
    Japan to equip 5G base stations on traffic lights
    The Government of Japan is to install 5G wireless communications base stations on traffic signals nationwide by 2025. A report by The Japan News says the project is expected to reduce costs for telecommunications service providers. As part of the project, traffic signals will be equipped with devices to measure the amount of traffic. The information sent from the stations to the vehicles is expected to support autonomous driving. Japan is not the only company looking to harness the potential of 5G. In F
  • November 30, 2018
    ITS Australia appoints first academic to board of directors
    ITS Australia has appointed Professor Majid Sarvi from the University of Melbourne to its board of directors. Sarvi, the founder of transport technology programme AIMES, is the first academic to join the board. AIMES (Australian Integrated Multimodal EcoSystem) includes the university’s live test bed on Melbourne’s streets, and has close links with Michigan Department of Transportation. Sarvi described it as a “great honour to be elected by my peers in the ITS industry and to have the opportunity t
  • October 9, 2018
    Ride-hailing companies could face taxes in San Francisco
    Ride-hailing companies could be taxed for starting their journeys in San Francisco following a bill signed by California governor Jerry Brown. The bill - AB 1184 - calls for a 3.25% tax on net rider fares for single-party trips, or those provided by an autonomous vehicle, as well as a 3.25% tax on shared rides. Additionally, the city or county would be able to set a lower tax rate for net rider fares for those provided by a lower emission vehicle. A report by the San Francisco Chronicle says the