Maven | Auto Finance News | Auto Finance News

General Motors Scales Back Car-Sharing Service Maven

General Motors Co. reportedly is scaling back its car-sharing service, Maven, by stopping the service in eight markets after launching more than three years ago. A GM spokeswoman confirmed the OEM plans to shut down the service in major markets like Chicago and Boston "within the next few months," the Wall Street Journal reported. However, Maven will […]

OEMs Blur Lines of Self-Driving Rideshare Ownership

Ford Motor Co. and Lyft — which is partially owned by General Motors Co. — have formed a new partnership to work together on self-driving vehicles the companies announced today, further blurring the lines of autonomous vehicle ownership between OEMs. The partnership involves a deployment of human-driven vehicles from Ford on Lyft’s network for testing, followed […]

Maven Might Expand Dealership Pilot Program

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 pilot program last year with Michigan-based […]

GM’s Maven Could Position Itself to Become Full-Fledged Rideshare

Maven, the mobility unit owned and operated by General Motors Co., is reportedly considering building out the platform to include on-demand ridesharing in the style of Uber or Lyft. With the possibility of adding an on-demand rideshare element to Maven, the platform would consist of a full spectrum of mobility options including hourly and weekly rentals, […]

Maven Aims to Ease Delivery Drivers Into Leasing With Weekly Rental Program

General Motors Co.’s mobility services platform Maven launched a rental product for rideshare and delivery drivers called Maven Gig yesterday, in hopes it will serve as a gateway for consumers to lease vehicles from General Motors Financial Co., Rachel Bhattacharya, GM’s director of commercial mobility and AV fleet operations, told Auto Finance News. “Obviously, if a renter just […]

5 Mobility Platforms Advancing the Gig Economy

When Uber began in 2009, the company assumed the position of leading the first wave of mobility services into the gig economy, and in many ways has come to define it. But as the gig economy has evolved, it has expanded into a nebulous entity that has outgrown a simple example. Uber, for instance, has established […]

Credit Card Companies Boost Interest in Mobility Finance

Mastercard is expanding its relationship with General Motors Co., to allow for online payments for multiple services — including Maven carsharing — evidencing that credit card companies are beginning to understand that mobility finance is the next frontier for revenue. And those companies that do not collaborate with mobility services will be behind the times, Grayson Brulte, president of Brulte & Co., told Mobility Finance. […]

Maven Launches New Rental Service to Accelerate Gig Economy

Maven — General Motors Co.’s mobility services platform — launched a new service today, to offer rideshare and delivery drivers an alternative to leasing. Through the new program, called Maven Gig, drivers can rent the vehicles for $229 per week. The fee includes insurance (minus deductibles), maintenance, and unlimited miles, according to a company press release. The Chevrolet Bolt EV […]
Page 1 of 3123 »