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

  • June 27, 2019
    Via offers on-demand shared transit for Massachusetts seniors
    Via has launched an on-demand shared transit system for people over the age of 60 in the City of Newton, Massachusetts. Via says the service replaces a taxi voucher system which required passengers to make reservations at least 72 hours in advance. The company will also offer trips to a range of medical facilities outside the city’s boundaries. Using the Via app, riders can hail a vehicle from their smartphone. The company’s algorithms allow riders to share the vehicle and directs users to a nearby pick-
  • February 24, 2017
    ITS World Congress 2017 - call for papers deadline is 3 March
    There is still time to submit papers for the 24th ITS World Congress 2017 in Montreal, which is hosted by ITS America will host the event from, 29 October to 2 November, with the theme of ‘Integrated Mobility Driving Smart Cities’. If you have undertaken research on an advanced ITS topic, the World Congress International Program Committee invites you to present your findings in Montreal by submitting a paper through the submission website. (link submission.itsworldcongress2017.org.) The Call for Spe
  • September 17, 2019
    Ertico reveals new ITS event for 2020 in Russia
    Ertico – ITS Europe has announced it is to hold the first-ever Central Eastern European Congress next year. Hosted by the city of Kazan, in south-west Russia, the event will focus on cooperation with Russia, the Commonwealth of Independent States (which comprises a number of countries formed after the break-up of the Soviet Union) and Central Eastern countries, says Ertico. It will take place in Kazan, Tatarstan on 21-24 September 2020 and there is a preview of the event in the city next month, on 3-4 Oct
  • January 30, 2019
    Zenuity gets green light to trial self-driving cars on Swedish highways
    Zenuity, a joint venture between vehicle solution manufacturer Veoneer and Volvo Cars, is to trial self-driving cars on Swedish highways at a maximum speed of 80km/h. Dennis Nobelius, CEO at Zenuity, says the vehicles will collect important data and improve the company’s safety functions to make unsupervised cars a reality. Transportstyrelsen, the Swedish transport agency, has approved the trials which will take place on the E4 between Stockholm and Malmö; Road 40 between Jönköping and Gothenburg; a