Post Tagged with: "GM"

Maven Might Expand Dealership Pilot Program

Maven Might Expand Dealership Pilot Program

August 22, 2017 at 10:15 am 0 comments

Maven, the mobility unit owned and operated by General Motors Co., may be looking into expanding its dealership pilot program, in addition to recent reports that it is considering a rideshare service. Maven — initially launched as an app-based short-term rental service for General Motors Co. in 2016 — began a pilotRead More

GM’s Cruise Debuts Autonomous Ride-Hailing [VIDEO]

GM’s Cruise Debuts Autonomous Ride-Hailing [VIDEO]

August 11, 2017 at 8:45 am 0 comments

Cruise, the self-driving startup owned by General Motors Co., just launched an autonomous ride-hailing startup for its employees in San Francisco. In a new video, Cruise employees are seen ordering a ride from an app whereupon a driverless car pulls out of a garage to pick up the passengers. TheRead More

Early Evidence of a Down June

Early Evidence of a Down June

June 27, 2017 at 9:30 am 0 comments

Reports are coming in today that suggest June will be a down month for car sales in the United States. According to estimates, the SAAR for the month could be 2.3% to 3.6% lower. Here’s an excerpt from the LMC Automotive/J.D. Power forecast via Seeking Alpha: The LMC Automotive/J.D. PowerRead More

Wireless EV Charging Offers Investment Options for Financiers

Wireless EV Charging Offers Investment Options for Financiers

April 13, 2017 at 9:45 am 0 comments

There is a massive rush to advance mobility, beyond just traditional rideshare, and the financing beneath the mobility infrastructure has caught the attention of many major automakers and captives. From Toyota Financial Services’s partnerships with Uber and Getaround, to General Motors Co.’s Book by Cadillac and Maven carshare programs, OEMsRead More

GM Launches Monthly Service as Carshare Gains Popularity

GM Launches Monthly Service as Carshare Gains Popularity

April 7, 2017 at 9:45 am 0 comments

Carsharing, while still in its infancy, could become as common as leasing, said Bob Tiderington, senior manager for vehicle sharing at Maven, General Motors Co.’s mobility brand. To that end, Maven expanded its offerings on March 3 to include a new monthly service, called Maven Reserve. Through the program, members pay aRead More

Maven to Be ‘Building Block’ for GM Autonomous Carshare

Maven to Be ‘Building Block’ for GM Autonomous Carshare

March 30, 2017 at 3:38 pm 0 comments

The launch of a monthly subscription carshare service earlier this month at General Motors Co.’s Maven unit is just one “building block” of a GM self-driving car network, Auto Finance News has learned.General Motors launched its carsharing service, Maven, last year, which allows customers to rent a GM vehicle using a mobile phone in exchangeRead More

Lyft Wants to Be Your Gateway to Autonomous Cars, Mobility Buzz Learns

Lyft Wants to Be Your Gateway to Autonomous Cars, Mobility Buzz Learns

March 2, 2017 at 8:45 am 0 comments

While OEMs and tech giants race to build out the autonomous cars of the future, Lyft is busy taking on the consumer end of the equation. The rideshare company is aiming to become the go-to interface for consumers accessing autonomous vehicle fleets, Annabel Chang, director of public policy at Lyft, told Auto FinanceRead More

Via Alfredo Mendez / Flickr

GM to Funnel Off-Lease Volume Into Rideshare Program

January 24, 2017 at 11:13 am 3 comments

General Motors Co. will use record-high lease returns as extra supply for its rideshare leasing partnership with Lyft — called Express Drive — said Peter Kosak, executive director of urban mobility programs at GM. “Where we’re growing our lease business, [mobility] is a growing opportunity for us because we haveRead More

CapOne to Provide Floorplan Revolvers in Tennessee

CapOne to Provide Floorplan Revolvers in Tennessee

August 9, 2016 at 12:57 pm 0 comments

Capital One announced today that it will provide floorplan revolvers totaling $14 million to two Honda dealerships located in Tennessee, both owned by the Hudson Automotive Group. The lender also provided a $2.6 million term loan to Hudson Automotive Group’s holding company, Hudson ET Holdings, according to a CapOne press release. TheRead More

Mercedes-Benz R&D Scoops Up Rideshare FlightCar

Mercedes-Benz R&D Scoops Up Rideshare FlightCar

July 20, 2016 at 12:43 pm 0 comments

FlightCar, a rideshare startup that allowed people parking at the airport to rent their vehicles to approved traveling members, abruptly shut down services on Thursday, after its technology platform was acquired by Mercedes-Benz Research & Development North America. “Our technology will now be a part of the Business Innovation divisionRead More

Slot F