MENU
SEARCHAfter recently investing $500 million in Lyft, General Motors continues to expand its ride-sharing service by buying assets of Sidecar Technologies Inc. Sidecar stopped its ride-sharing and delivery operations on Dec. 31.
A screenshot from the Sidecar mobile app. Photo courtesy of Sidecar.
A screenshot from the Sidecar mobile app. Photo courtesy of Sidecar.
General Motors has acquired the assets of Sidecar Technologies Inc. and hired some of its employees, according to a report by The Detroit News. Sidecar recently closed its ride-sharing and delivery operations on Dec. 31.
This acquisition comes soon after GM invested $500 million in Lyft to help expand its ride-sharing service and urban mobility team.
According to a company statement, GM “attracted Sidecar employees to be integrated into the GM urban mobility team, and acquired certain related assets, for work on our global mobility program.”
Terms of the deal were not immediately disclosed.
Vijay Iyer, a GM spokesman, told The Detroit News that the company is in the process of hiring Sidecar employees but wouldn’t comment on the number of employees hired or the specific assets bought.
Click here for the full Detroit News report.
The shift from branch-based software to connected operations is turning rental technology into strategic infrastructure.
Read More →
The shift from branch-based software to connected operations is turning rental technology into strategic infrastructure.
Read More →
The global franchise operation reaches a first in its rental fleet portfolio with new service in Uzbekistan.
Read More →
West Coast disasters pose unique challenges and liabilities for rental fleet operators, who are advised to take steps tailored to their specific situations.
Read More →
Angry car renters are storming social media, the mainstream media, and online ratings platforms to complain about charges they claim are either unfounded or excessive.
Read More →
A Carwiz partner in Puerto Rico is taking on the Panama franchise with operations in the nation's largest airport.
Read More →
The integrated business model combines each operator’s local expertise with international standards to boost sales.
Read More →
The study looks at customer analytics to size up performance in car rentals, rideshare, airlines, lodging, and OTAs.
Read More →
Revcuity, an outgrowth of Frontline Performance Group, aims to help clients capture more revenue moments with face-to-face customers, including in the car rental space.
Read More →
Martin Romjue has been editing and reporting for ARN since 2023 and fully transitioned to the role of chairman of the International Car Rental Show in 2026.
Read More →
