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0 -0.00514290531995615 9.36776925308592E-06 -0.00500707266578608 9.36776925308592E-06 9.36776925308592E-06 9.36776925308592E-06 0.00235131008253006
Stock impact report

GM shuts down Maven car-sharing service in all markets, including Toronto [Toronto Globe and Mail (Ontario, Canada)]

General Motors Company (GM) 
Last general motors company earnings: 2/5 08:05 am Check Earnings Report
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GM shuts down Maven car-sharing service in all markets, including Toronto A Maven decal is displayed on a GM vehicle in Ann Arbor, Mich., on April 27, 2016. Paul Sancya/The Associated Press A Maven decal is displayed on a GM vehicle in Ann Arbor, Mich., on April 27, 2016. General Motors says it has permanently shut down its Maven car sharing service in all markets including Toronto after suspending operations in March due to the COVID-19 outbreak. The company said in an email to customers that it made the temporary closure permanent after critically looking at its business, the industry, and what’s going on with the pandemic. Last year GM pulled the service from eight North American markets but kept Toronto running and said at the time it was looking to expand the service in Canada. GM says the Maven assets will be transferred to GM’s Global Innovation organization as well as the larger enterprise. Maven allowed customers to remotely rent vehicles parked around the city, similar to Show less Read more
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