Black Friday Sale! 50% Off All Access

Uber Partners with GM's Maven Car-sharing Program The service will operate only in San Francisco for now.

By Reuters

Entrepreneur+ Black Friday Sale

Our biggest sale — Get unlimited access to Entrepreneur.com at an unbeatable price. Use code SAVE50 at checkout.*

Claim Offer

*Offer only available to new subscribers

This story originally appeared on Reuters

Uber | Shutterstock

Uber Technologies Inc. said on Tuesday it would partner with car-sharing service Maven, operated by General Motors, to allow Uber drivers to rent GM vehicles on a weekly basis.

The 90-day pilot is a surprise move for Maven and General Motors, which with Lyft -- Uber's main competitor in North America -- announced a program in March called Express Drive used mostly by Lyft drivers. Maven operates in 10 U.S. cities.

After GM invested $500 million in Lyft in January, the Express Drive program was the first initiative to come out of the partnership.

Carmakers are increasingly looking to invest in ride services, concerned over a projected eventual decline in private ownership of vehicles that threatens their core business. Other carmakers that have invested in ride service programs include Ford, Mercedes-Benz maker Daimler and Toyota.

Rachel Holt, Uber's regional general manager for North America and Canada, said the service will operate only in San Francisco for now.

The cost per week is $179 plus taxes and fees, Holt said, with no extra fees if drivers use the car for personal use.

Julia Steyn, GM's vice president of urban mobility, said the pricing for Uber drivers was "at parity" with what Lyft drivers pay, although both companies offer their own incentives.

Lyft spokeswoman Sheila Bryson said Maven's partnership was similar to how Lyft worked with Hertz. Lyft drivers can also use Hertz cars through the Express Drive program.

"It's expected that vehicle access programs have multiple partners," Bryson said.

(Reporting by Alexandria Sage; Editing by Leslie Adler)

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Health & Wellness

How to Improve Your Daily Routine to Strike a Balance Between Rest and Business Success

Here's how entrepreneurs can balance their time and energy to prevent burnout.

Making a Change

This All-Access Pass to Learning Is Now $20 for Black Friday

Unlock more than 1,000 courses to fit your schedule.

Business News

The Two Richest People in the World Are Fighting on Social Media Again

Jeff Bezos and Elon Musk had a new, contentious exchange on X.

Business News

Barbara Corcoran Says This Is the Interest Rate Magic Number That Will Make the Market 'Go Ballistic'

Corcoran said she praying for lower interest rates and people are "tired of waiting."

Money & Finance

Why Donald Trump's Business-First Policies Trump Harris' Consumer-Centric Approach

President Donald Trump's pro-business agenda is packed with policy moves encouraging investment to drive economic growth. The next Congress has a unique opportunity to support entrepreneurship and innovation, improving U.S. competitiveness with the rest of the world.