GM Maven Closes 50% Of Locactions

Snide's Remarks: Hey GM, stop screwing around with Silicon Valley promoted bull and build cars and trucks people want to buy...

Detroit May 20, 2019; The WSJ reported that General Motors (GM) said it will close its Maven car-sharing service in almost half of the cities in which it operates.

"We're shifting Maven's offerings to concentrate on markets in which we have the strongest current demand and growth potential," the company said.

Maven will end its service in "the next few months" in 8 of the 17 North American cities where it currently operates, including Chicago and Boston.

Although a full breakdown is yet to be revealed, GM was able to confirm that Maven's app-based car-sharing service will continue to be offered in Los Angeles, Washington, D.C., Detroit, and Toronto.

Maven competes with the likes of Zipcar and Car2Go, offering city folks a variety of GM cars at hourly and daily rates.