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%>.

For more information on companies in this article

Related Content

  • FASTR consortium releases Automotive Industry Guidelines for Secure Over-the-Air Updates
    November 9, 2017
    A non-profit research consortium dedicated to automotive cyber security, Future of Automotive Security Technology Research (FASTR), has announced the availability of the Automotive Industry Guidelines for Secure Over-the-Air Updates. These guidelines are intended to assist automotive manufacturers and others involved in evaluating platforms for secure updates, describing the threat models, providing recommended cryptographic algorithms and detailing a step-by-step checklist for evaluating state of the art
    Read More
  • Birmingham has highest number of ULEVs in UK
    June 12, 2018
    The city of Birmingham is home to the highest number of ultra-low emission vehicles (ULEVs) in the UK, according to new research: there were 12,247 licenced models as of Q4 last year, says number plate specialist Click4reg. Its analysis of the top 20 UK local authorities was carried out ahead of government plans to host a zero-emissions vehicle summit in September 2018. The event is due to focus on vehicle technology to tackle carbon emissions and improve air quality. The research showed that Peterbo
    Read More
  • Vision Show and Conference 2016
    March 9, 2016
    The Vision Show, North America’s largest vision and imaging trade show and conference, will be held in Boston, Massachusetts at the Hynes Convention Center, 3-5 May 2016. Founded by AIA in 1996, The Vision Show provides vision users, system integrators, machine builders and OEMs with access to the latest vision and imaging technologies and applications from nearly over 100 leading manufacturers, distributors and suppliers from around the world. The accompanying conference features in-depth tutorials
    Read More
  • The Vision Show and Conference to be held in Boston, May 3-5, 2016
    March 8, 2016
    The Vision Show, North America’s largest vision and imaging trade show and conference, will be held in Boston, Massachusetts at the Hynes Convention Center, 3-5 May 2016. Founded by AIA in 1996, The Vision Show provides vision users, system integrators, machine builders and OEMs with access to the latest vision and imaging technologies and applications from nearly over 100 leading manufacturers, distributors and suppliers from around the world.
    Read More

Highlighted Content