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Is GM jumping on the urban mobility segment?

Auto maker GM which had gone ahead and invested $500m in the ride aggregator company Lyft at $5.5b valuation has now acquired the failed Uber and Lyft competitor, Sidecar. The auto maker intends to use this investment as a launchpad for its own mobility services under the brand name Maven which maybe intended to be used as a platform to enable ride-sharing by owners of GM vehicles. “Logo of General Motors” by The original uploader was CoolKid1993 at English Wikipedia. – Transferred from en.wikipedia to Commons. ([1]). Licensed under Public Domain via Commons. With this acquisition it is clear that GM intends to have much more close involvement in the ride sharing and related technology but also at the same time use this to study passenger behaviour which will end…

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