GM’s Maven Positioning to Become Full-Fledged Rideshare

  • Emma Sandler
  • August 17, 2017
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. Last Updated: 17th August, 2017, 2:31 PM

GM Considers Using Dealerships for Its Own Fleet Management

  • Emma Sandler
  • June 29, 2017
During an “office hours” conference call for analysts and institutional investors earlier this week, Chuck Stevens, chief financial officer of General Motors, indicated that the OEM was looking into utilizing its dealership network as fleet managers for autonomous vehicle services. The discussion followed the recent announcement from Waymo that it was partnering with Avis Budget Group, when Stevens […]

How Lenders Are Preparing for an Autonomous Future

  • Natalie Mattila
  • June 15, 2017
In the past year, mobility has become a crucial innovation driver of the automotive industry, and auto finance — as a result — will experience an overhaul as the industry continues to be disrupted. One of the most notable transformations will stem from autonomous cars, which are increasingly signaling a subscription carshare future. Grayson Brulte, […]

GM Continues to Speed Ahead of Ford, Despite CEO Shift

  • Natalie Mattila
  • May 26, 2017
General Motors Co. is leading the pack in mobility, even ahead of Ford Motor Co., thanks to its Maven program, 10% investment in Lyft, and rising popularity of the Chevrolet Bolt EV, Mobility Finance has learned. “I would say GM is ahead of Ford,” an unnamed source told Mobility Finance. “I am not sure if […]

4 Companies Using Off-Lease Vehicles for Mobility Services

  • Emma Sandler
  • May 23, 2017
Off-lease vehicles have been climbing in recent years, causing a downward pressure on used pricing. However, this influx of off-lease vehicles provides a new opportunity for mobility-as-a-service providers. The rising popularity of leasing has resulted in a higher-than-average inventory of used vehicles returning back to car lots. Data also shows that as residual values drop, MSRPs have continued […]
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