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

  • Australia faces tough choices over toll tags
    September 12, 2014
    With more than seven million tolling tags nearing the end of their life, delegates to ITS Australia’s 2014 National Electronic Tolling Conference had more than a passing interest debating possible ways forward. Rex Wright, chair of the Australian Toll Road Users’ Group, said the industry was potentially facing an AUD$100million bill over the next five years but the toll operators are committed to a unified national approach, consistent with the current interoperability.
    Read More
  • Uber suspended from resuming Arizona self-driving tests
    March 28, 2018
    Arizona’s state governor Doug Ducey has ordered officials to suspend Uber’s right to test autonomous vehicles on local roads pending the outcome of inquiries by national transport safety regulations – in a report from the BBC. It follows a letter that Ducey sent to the car-hailing company in which he stated that there had been an unquestionable failure to make safety the top priority.
    Read More
  • Webinar: ITS European Congress
    May 22, 2014
    ITS Helsinki has announced a webinar on 4 June to present the congress programme and help visitors plan their trip to the European congress. Eric Sampson, senior congress programme advisor, will present this year’s programme by highlighting some of the most engaging sessions and events of the week, including the opening ceremony, the three plenary sessions and the closing sessions, as well as the eco-driving competition, the White Night and more. Didier Gorteman, director of Congresses, will introduce
    Read More
  • Call for contributions for ITS Europe
    November 21, 2016
    Ertico-ITS Europe has issued a call for contributions for the 12th ITS European Congress, which takes place in Strasbourg, 19-22 June 2017. The main theme of the congress is ‘ITS beyond borders’ and contributions should address the seven main topics, including mobility services, next generation goods delivery, transport networks evaluation, connected and automated transport, satellite technology applied to mobility, ITS and the environment, or the author’s own ideas. More information on the topics is
    Read More

Highlighted Content