GM, Lyft launch car rental program for drivers

March 15, 2016

General Motors and Lyft on Tuesday unveiled a joint car rental service for drivers, a move aimed at boosting the number of vehicles available for the ridesharing rival to Uber.

The companies said the program to be offered in Chicago this month and several other US cities later this year aims to help those who want to drive for Lyft but lack an adequate .

"We're making sure everyone who wants to be a Lyft driver can be, by providing ultimate flexibility at incredible rates," said Lyft president and co-founder John Zimmer in a statement.

Lyft said that in Chicago alone, it had received 60,000 applications from people who wanted to drive for the ridesharing service but who did not have a suitable car.

Under the program called Express Drive, the will get a free rental if they give at least 65 rides a week. The cost will be $99 a week for those giving at least 40 rides, and $99 plus a mileage charge for others.

Insurance and maintenance are included in the cost, and the drivers will be able to use the vehicles for personal use at 20 cents per mile.

GM and Lyft earlier this year unveiled a strategic partnership, with a long-term goal to develop an on-demand network of autonomous vehicles. GM invested $500 million in the service.

Lyft is one of the chief competitors in the US market against ridesharing titan Uber, and recently announced a tie-up with China's Didi Kuaidi that helps its global efforts.

GM this year unveiled plans for a short-term car rental under a new "personal mobility" brand known as Maven, competing with services such as Zipcar.

Explore further: General Motors revs ride-sharing tech with Sidecar

Related Stories

General Motors revs ride-sharing tech with Sidecar

January 20, 2016

Fresh from taking a $500 million stake in ride-sharing service Lift, US auto giant General Motors has bought assets and hired employees from an Uber competitor that ran out of gas.

Lyft gets into China in tie-up with Didi

September 16, 2015

Ride-sharing startup Lyft announced a partnership Wednesday with China's Didi Kuaidi which includes a $100 million investment in the US service to help ramp up its challenge to Uber.

Recommended for you

Dutch unveil giant vacuum to clean outside air

October 25, 2016

Dutch inventors Tuesday unveiled what they called the world's first giant outside air vacuum cleaner—a large purifying system intended to filter out toxic tiny particles from the atmosphere surrounding the machine.

3-D-printed organ-on-a-chip with integrated sensors

October 24, 2016

Harvard University researchers have made the first entirely 3D-printed organ-on-a-chip with integrated sensing. Built by a fully automated, digital manufacturing procedure, the 3D-printed heart-on-a-chip can be quickly fabricated ...


Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.