GM Launches Peer-to-Peer Car-Sharing Service

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July 25, 2018—General Motors is launching a new service in Chicago, Detroit and Ann Arbor, Mich., that will let owners rent out their personal GM-branded vehicles through its Maven car-sharing platform, Tech Crunch reports.

This new peer-to-peer service will allow owners and eligible lessees to earn money by renting their personal Chevrolet, Buick, GMC or Cadillac car or truck. To qualify, the vehicles must be a GM model year 2015 and newer.

The service, branded as Peer Cars, will be available to existing Maven members, which now exceed more than 150,000 people. All vehicles rented out on the service will be insured by GM.

Peer Cars is a test product for now, but the company said it may launch in other U.S. cities this fall.

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