19 Mar '12, 11am

Why GM is working with car-sharing firm RelayRides: Why would the world's largest auto maker invest in a company...

Why GM is working with car-sharing firm RelayRides: Why would the world's largest auto maker invest in a company...

General Motors is in the business of selling as many cars as it can. But Shelby Clark, the co-founder and chief community officer of RelayRides , a peer-to-peer car-sharing service that's partnering with GM subsidiary OnStar, says you may not need to own a car. So why is General Motors working with RelayRides? That was the question on my mind the other day when I moderated a panel called Connected Cars and Beyond at GreenBiz's VERGE DC conference. Clark was on the panel and so was Nick Pudar, vice president of planning and business development at GM's OnStar unit. GM Ventures , the venture-capital arm of General Motors, has invested in RelayRides. (See my blogpost, Car sharing, revving up ). Its OnStar unit is going further, by making it much easier for RelayRides to do what it intends to do: play digital matchmaker between car owners with renters. I don't own a GM car, so...

Full article: http://www.greenbiz.com/blog/2012/03/19/why-gm-working-ca...

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