logo
Plus   Neg
Share
Email

WSJ : GM Plans To Wind Down Car-sharing Service In Eight North American Cities

General Motors Co. (GM) plans to wind down its Maven car-sharing service in several major North American cities in the next few months, the Wall Street Journal reported.

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

The Journal reported that Maven, a car-sharing brand launched in 2016 by GM, will end its service in eight of the 17 cities in which it currently operates, including Chicago and Boston. But, Maven will continue to operate in Los Angeles, Washington, D.C., Detroit, Toronto and other cities.

The report said that GM neither provided a full list of closures nor the specific reasons why it is ending service in the eight markets.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Microsoft has delayed the worldwide launch of its Surface Earbuds till Spring 2020. The $249 wireless earbuds were originally expected to launch this year. The delay is a setback in Microsoft's attempt to compete with Apple's latest earbuds, AirPods Pro, which has a new design and features active noise cancellation. General Motors Co. (GM) is hiring for new workforce, after cutting about some 4,000 salaried employees early this year. According to Detroit Free Press, the auto giant is hiring for a new workforce as the company invests more money to develop electric and self-driving vehicles. Earlier this year,... Australia's Federal Court has ruled in favor of more than 1,000 women in a landmark class-action lawsuit against Johnson & Johnson after they suffered severe pain and complications from the healthcare giant's pelvic mesh implants. Johnson & Johnson and its subsidiary Ethicon were accused of hiding the risks of its pelvic mesh products.
Follow RTT
>