Where could Uber and GM partnering lead to?

Uber’s business model is one that is centered in our Asset Lite investing theme, but add in it’s partnership with General Motors and it has even more disruptive potential for how people use cars. Implications abound, but let’s remember that most auto manufacturers are also working on @#$%^& and that would put all of this on steroids. More in the next issue of Tematica Insights.

Uber has announced that it will be teaming up with GM’s car-sharing company, Maven, allowing drivers to rent GM vehicles on a weekly basis in a 90-day pilot program to see how the arrangement works.

This is separate from, but similar to, GM’s Express Drive program, wherein the carmaker makes vehicles available to Lyft drivers on an all-in short-term rental basis when they lack their own vehicle to qualify for use with Lyft.

The pilot project with Uber is debuting in San Francisco, and will operate only in that city for the time being. Maven expanded its own services (which primarily focus on providing Zipcar-like short-term rentals to members) to San Francisco residents earlier this month.

Source: Uber and GM partner to offer drivers car sharing through Maven | TechCrunch

About the Author

Chris Versace, Chief Investment Officer
I'm the Chief Investment Officer of Tematica Research and editor of Tematica Investing newsletter. All of that capitalizes on my near 20 years in the investment industry, nearly all of it breaking down industries and recommending stocks. In that time, I've been ranked an All Star Analyst by Zacks Investment Research and my efforts in analyzing industries, companies and equities have been recognized by both Institutional Investor and Thomson Reuters’ StarMine Monitor. In my travels, I've covered cyclicals, tech and more, which gives me a different vantage point, one that uses not only an ecosystem or food chain perspective, but one that also examines demographics, economics, psychographics and more when formulating my investment views. The question I most often get is "Are you related to…."

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