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Archive for the ‘Maven’ Category

GM Expanding Maven Peer-to-Peer Rentals to Include Other Brands

Other brands will be available in mid-2019.

by on Nov.13, 2018

General Motors Vice President Urban Mobility and Maven Julia Steyn said the company will be adding non-GM vehicles to its peer-to-peer rental fleet.

Maven, General Motors’ private ride-sharing service, is undergoing an expansion early next year. Before gig-based entrepreneurs around the country begin salivating, the expansion is product-based not geographic.

The company is going to allow non-GM brand products to be rented on the platform starting in the middle of 2019, a GM official revealed.

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According to Julia Steyn, vice president of GM Urban Mobility and Maven, said Monday during a presentation at the UBS Global Technology Conference in San Francisco, that Maven plans expand the platform to micro-fleet entrepreneurs. (more…)

Daimler, Bosch Partner as Latest to Offer Self-Driving Ride-Sharing Service

Pilot set to launch in San Jose in late 2019.

by on Nov.09, 2018

Daimler and Bosch will led pilot users ride in comfort, in modified Mercedes-Benz S-Class sedans.

Daimler AG, the parent of Mercedes-Benz, has announced plans to launch an autonomous ride-sharing pilot program in San Jose, California starting late next year.

The carmaker, along with one of its lead technology suppliers, becomes the latest to enter a space that is expected to account for a significant share of the miles Americans clock on the roads each year by the end of the next decade. Waymo, the Google spin-off, is set to transition its own pilot program to a commercial venture this year, while General Motors is looking to launch a similar service.

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“The pilot project is an opportunity to explore how autonomous vehicles can help us better meet future transportation needs,” said San Jose Mayor Sam Liccardo.

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Toyota Investing $500 Mil in Uber, Will Aid in Autonomous Vehicle Efforts

Move could help ride-sharing service in anticipated IPO plan.

by on Aug.28, 2018

Dara Khosrowshahi, Uber’s CEO and Toyota EVP Shigeki Tomoyama shake over their new alliance.

Toyota confirmed  reports it will invest $500 million in Uber and partner with the nation’s largest ride-sharing service on the development of the autonomous and fully driverless vehicles Uber believes will slash its costs and make it a viable alternative to personal vehicle ownership.

The announcement comes barely a week after Uber wrapped up its search for a new chief financial officer, something that, along with the new Toyota alliance, could help move closer to a widely anticipated IPO. The Japanese maker’s investment puts a value of $72 million on Uber.

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“This agreement and investment marks an important milestone in our transformation to a mobility company,” said Shigeki Tomoyama, executive vice president, TMC, and president, Toyota Connected Company. “Combining efforts with Uber, one of the predominant global ride-sharing and automated driving R&D companies, could further advance future mobility.”

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Cybersecurity Efforts Critical to Automotive Industry

Car companies focused on ensuring safety of self-driving cars.

by on Aug.06, 2018

GM President Dan Ammann said recently that the company's focus on cybersecurity is critical to its long-term goals.

The operation of self-driving vehicles will require an intense focus on cybersecurity, experts said during a conference in Detroit organized by Billington Cybersecurity, which brought together representatives from the automobile and tech industry as well as the government.

Dan Ammann, General Motors president, told the conference that GM cybersecurity is one of “the key enablers” to making GM’s vision of “zero crashes, zero emission and zero congestion” a reality.

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“As we continue to develop our Autonomous Vehicle program, safety is paramount, just like it is in everything that we do,” Ammann said. “For our customers, that means providing the safest products possible, including the strongest cybersecurity.” (more…)

Rental Car Business Being Squeezed by Ride Sharing

Autonomous vehicles present major change in prices.

by on Jul.31, 2018

Fully driverless vehicles, like the ones Ford plans to build for Lyft, may be the death knelll for some rental car companies.

The rental-car business faces a growing threat to its future from ride-sharing companies, according to a new survey from AlixPartners.

“Results from our survey suggest that the $30-billion U.S. car-rental industry is already undergoing a tectonic shift, with boundaries not just blurring but being obliterated between car-rental and ride-hailing and other forms of new mobility,” said Arun Kumar, a director in the Automotive and Industrial Practice at AlixPartners and a co-author of a new report focusing on the rental-car business.

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“The companies that survive this shift will be those that act now to transform themselves to be relevant in a world which seems to much prefer simply clicking on an app than standing in line at the rental counter,” Kumar said. (more…)

Maven to Let GM Vehicle Owners Profit from Car-Sharing

Vehicles from '15 model-year on can be used in new peer-to-peer test.

by on Jul.24, 2018

GM owners will be able to make money renting their vehicles when they'd normally be sitting idle.

We’ve entered the “sharing economy,” the experts tell us, with home-sharing operations such as AIRBNB, ride-sharing companies like Uber and car-sharing ventures like Car2Go becoming increasingly popular with American travelers and commuters. But now, General Motors’ own sharing service, Maven, is testing a program that could give GM owners a way to profit from this trend.

Maven has launched what it calls a “peer-to-peer car-sharing beta” that allows owners of relatively recent GM products to list their own cars through the service and pocket some of rental fees. If the program takes off, it would join other peer-to-peer car-sharing services such as Turo. And French automaker PSA, in its bid to return to the U.S., has launched a similar program in Los Angeles.

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“Your car is one of the most expensive things you own. Sitting idle, it is a wasted asset,” said Julia Steyn, vice president, General Motors Urban Mobility and Maven. “It’s time to put your car to work. Maven’s peer-to-peer offering is a smart way for owners to offset their vehicle investment.”

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Mercedes, Bosch Team to Launch Self-Driving Car Service

Set to debut in late 2019 in Silicon Valley.

by on Jul.11, 2018

Initially, Daimler will use the Mercedes-Benz S-Class sedan for the pilot ride-sharing project.

Mercedes-Benz is teaming up with German mega-supplier Bosch to launch a new ride-sharing service in Silicon Valley next year that will rely on self-driving vehicles.

The project marks the latest entry into the fast-expanding field that, by some estimates, could eventually account for as much as a quarter or more of the miles Americans travel by automobile. Other planning to launch ride-sharing services using self-driving vehicles include General Motors, Google spin-off Waymo and Uber, the country’s largest ride-sharing service.

Making Sense of the Brave New World!

While Mercedes’ parent Daimler AG is referring to the vehicles it will use as “automated shuttle(s),” customers will be able to ride in style. When the project initially gets underway during the second half of 2019, it will rely on modified versions of the luxurious S-Class Sedan. Eventually, the goal is to switch to a production version of the edgy Mercedes concept vehicle, the F 015.

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GM Increasing Bolt Production, Per Sustainability Report

The Orion plant will also produce Maven autonomous car.

by on Jun.13, 2018

Chevy Bolt production will be increased for this year and next due to rising demand for the EV.

General Motors Co. said will increase production of its Bolt battery-electric vehicle this year in response to global demand, according to 2017 sustainability report it released ahead of the company’s annual shareholders meeting.

The Bolt EV is built at GM’s Orion Assembly plant in suburban Detroit.

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GM Chairman and CEO Mary Barra also said at least 20 new all-electric vehicles will launch globally by 2023, and that GM is partnering with utilities and governments to accelerate the growth of charging infrastructure as it looks to deliver on its vision of an “all-electric, emissions-free” future. “We believe the future is electric,” she said. (more…)

SoftBank Investment Triggers GM Best Share Gain Ever

Cruise Automation could be floated in IPO.

by on Jun.01, 2018

The Chevy Bolt will be General Motors first fully autonomous car when it brings a self-driver to the market in the future.

Shares of General Motors posted their biggest gain in years, rising nearly 13% Thursday on news that Japanese tech investment fund SoftBank was investing $2.25 billion in GM’s autonomous vehicle development subsidiary, Cruise Automation.

SoftBank’s big investment was one of several major announcements yesterday that underscored the growing interest in self-driving vehicles. Waymo, the spinoff of Google, said it would purchase as many as 62,000 Chrysler Pacific Hybrid minivans for use in its planned self-driving ride-sharing service. Currently in a pilot program, it intends to begin commercial operations in Phoenix later this year and then begin a national rollout.

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GM plans to launch a similar ride-sharing operation through another subsidiary, Maven, using versions of its all-electric Chevrolet Bolt EV modified by Cruise. Mary Barra, the automaker’s CEO, said GM will look at “other opportunities” for Cruise that could involve alliances with other companies SoftBank has funded, including Uber and China’s Didi Chuxing. (more…)

Waymo Set to Purchase 62k Chrysler Pacifica Hybrid Minivans for Autonomous Ride-Share Service

Announcement follows news of a major investment in GM Cruise self-driving car program.

by on May.31, 2018

An early version of a Waymo-modified Chrysler Pacifica Hybrid minivan roams the streets of Phoenix.

Fiat Chrysler Automobiles and Waymo will radically accelerate their alliance, FCA announcing it will supply as many as 62,000 more Chrysler Pacifica Hybrid minivans to the autonomous vehicle spin-off of Google.

FCA previously committed to providing several thousand of the plug-in people-movers. Waymo has also committed to purchasing up to 20,000 Jaguar I-Pace battery-electric SUVs, and CEO John Krafcik has told TheDetroitBureau.com that it expects to add still other models for use in the planned self-driving ride-share service that is currently in pilot testing in Phoenix. Commercial service will launch in that city later this year, Krafcik announced in March, and will eventually expand to “other” cities across the U.S.

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The FCA-Waymo announcement comes just hours after General Motors revealed that Japanese venture capital fund SoftBank is investing $2.25 billion in GM Cruise Holdings, the carmaker’s autonomous vehicle unit. That news quickly sent shares of GM surging by 10% in early Thursday morning trading.

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