General-Motors

  • GM’s new Maven Reserve service offers monthly vehicle rentals

    GM’s new Maven Reserve service offers monthly vehicle rentals

    Alternative models to car ownership now abound, and GM’s putting one more on the table: Maven Reserve, an offering within its Maven on-demand rental service that lets users rent new GM cars for 28 days at a time, complete with parking, insurance and $100 in gas credit. These will cost you, however: The Chevrolet Tahoe is one of the initial offerings, with a $1,500 flat rate for the… Read More

  • GM said to be fielding thousands of self-driving test Bolts with Lyft in 2018

    GM said to be fielding thousands of self-driving test Bolts with Lyft in 2018

    Self-driving fleets of cars might be sharing the streets with human drivers sooner than many thought; Reuters reports that GM will field “thousands” of self-driving electric test vehicles, primarily based on the Chevrolet Bolt platform, starting in 2018. The fleets will primarily be used with partner Lyft for on-demand ride-hailing service, according to the report. Read More

  • Everyone got into the tech M&A game in 2016

    Everyone got into the tech M&A game in 2016

    Neither public markets nor tech giants offered any solace in 2016 for the ever-growing list of private unicorns. There are 180 tech companies circling the runway with valuations over $1 billion, the most in history. While interest in an all-expenses paid trip to the NYSE valuation guillotine was at an all-time low, non-traditional Fortune 500 companies did pluck a lucky few from the skies at… Read More

  • GM’s car sharing company Maven hits the streets of San Francisco

    GM’s car sharing company Maven hits the streets of San Francisco

    Maven, a car sharing company out of General Motors, is driving its way into San Francisco today. The announcement made late Thursday evening is one part of a continued roll-out in several cities throughout the U.S., which started at the beginning of this year. It’s city based car sharing service called Maven City is now available in nine cities throughout the nation, joining Lyft’s… Read More

  • Full speed ahead for transport VCs Crunch Network

    Full speed ahead for transport VCs

    Transportation investment has moved into the fast lane. Venture and growth investing in transport-related companies accelerated in the third quarter, fueled by momentum in the autonomous driving and ride-hailing spaces, as well as the prospect of big acquisitions. VCs and seed investors poured more than $6.2 billion into more than 150 companies across the globe with transportation-related… Read More

  • A Flint, MI university turned vacant land into autonomous vehicle proving grounds

    A Flint, MI university turned vacant land into autonomous vehicle proving grounds

    Kettering University unveiled this week an automotive proving grounds in a bid to lure companies and students to the Flint, MI area. The test track is on the school’s grounds, housed on land that once contained a massive General Motors’ manufacturing facility that was torn down and left abandoned. The Kettering University GM Mobility Research Center (or MRC) features outdoor lab… Read More

  • The end of the automotive supply chain Crunch Network

    The end of the automotive supply chain

    Over the next 10 years, the differentiating source of supply and value in the automotive industry will not be car parts or engines. Instead, it will be a network of software developers. Read More

  • Cruise founder Kyle Vogt on why he joined forces with GM

    Cruise founder Kyle Vogt on why he joined forces with GM

    General Motors snapped up Silicon Valley-based Cruise Automation for more than $1 billion earlier this year with plans to plant its self-driving tech inside its own car brands. It was a fine move for GM, which has been aligning itself with several automotive ventures over the past year — including a partnership with Lyft, acquiring assets from the now defunct rideshare competitor Sidecar… Read More