GM Set to Launch Behavior-Based U.S. Driver Insurance in Q1

Auto insurance

A company executive said in an interview that General Motors Co plans to launch an algorithm-based auto insurance plan in some U.S. states by the end of the first quarter that will charge policyholders based on their driving performance. Together with its insurance partner American Family, the automaker’s OnStar subsidiary has requested regulatory approval for… Continue reading GM Set to Launch Behavior-Based U.S. Driver Insurance in Q1

CEO Mary Barra Bets GM Can Grow Beyond Cars and Trucks

GM faulty transmissions

Pam Fletcher wants to change the way General Motors Co makes money. The veteran GM engineer’s Global Innovation team is looking for new enterprises to expand the automaker’s sources of revenue well beyond vehicle sales and is incubating ventures from commercial delivery services to vehicle insurance, to address future markets worth an estimated $1.3 trillion.… Continue reading CEO Mary Barra Bets GM Can Grow Beyond Cars and Trucks