Free Trend Report Free 2019 Report & eBook

Get the top 100 trends happening right NOW -- plus a FREE copy of our award-winning book. Our Research Methodology

This article is one of 350,000 experiments. We use crowd filtering, big data and AI to identify insights.

General Motors is Launching its Own Car-Sharing Service

 - Mar 16, 2018
References: theverge & digitaltrends
General Motors has been experimenting with mobility services through its Maven division, but the company has decided to take it even further with its plans for a peer-to-peer car-sharing service. The service would allow owners to rent out their cars to other people, much like how Airbnb allows users to rent out and rent homes for short periods of time. General Motors has yet to publicly comment on this service, but anonymous people familiar with the matter have been cited in a report on the service.

This peer-to-peer car-sharing service may not be the first of its kind, as smaller companies like Turo and Getaround have launched similar ventures, but it does show a significant step forward for the company. Car sharing and ride sharing services are gaining popularity and stand to be the biggest threat to automakers, but with this service, General Motors is looking to turn this threat into a reliable service for the company.

Image Credit: Maven