General Motors is shutting down its Maven car-sharing mobility service business, according to CNBC. “GM confirmed Tuesday that the operations are expected to cease by this summer after it communicated the plans earlier in the day to Maven’s more than 230,000 users. The company had suspended operations earlier in the year due to Covid-19.” Based on GM spokesman Stuart Fowle, the decision was partly due to the impact of the novel coronavirus, although profitability concerns may have been an issue. (Source: CNBC) Read the original story…
