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
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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: 2Internal<?xml version="1.0" encoding="utf-16"?><dictionary />4337490link-external car rental servicefalse/categories/utc/news/maven-simplifies-car-sharing-for-toronto-members-via-app/falsefalse%> 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: 2Internal<?xml version="1.0" encoding="utf-16"?><dictionary />4257890link-external Cruisefalse/categories/location-based-systems/news/gm-to-accelerate-autonomous-development-with-cruise-automation-acquisition/falsefalse%>.
Getaround is launching its car-sharing platform in the US city of Atlanta, allowing residents to earn money by making their car available to rent.
The company says the platform utilises cars already on the road and will therefore help to reduce traffic and congestion.
Each car is equipped with Getaround Connect, a proprietary technology that allows renters to locate and unlock the car using the company’s app, removing the need to meet the owner in-person for a manual key exchange. Getaround’s safety