Maven, a car-sharing service launched by General Motors, is exiting Chicago and several other cities.
Maven is pulling out of a total of eight markets, including Chicago and Boston, according to the Wall Street Journal. It will remain operational in nine other North American cities, including Los Angeles, Washington, D.C., Detroit and Toronto. The company didn't provide a full list of closures to the WSJ.
The wind down in Chicago comes just 10 months after GM brought the services to the Windy City. Maven is a peer-to-peer car-sharing service that allows GM owners to rent out their personal GM vehicles that are a model year 2015 or newer.
The service, which first launched in 2016, allows users to choose a car (eco, compact, sedan or SUV), unlock the vehicle via a smartphone app, and drop off the car at the same place they picked it up.
GM isn't the only automaker to pull back on ride-sharing plans. Ford announced in January that it would shut down Chariot, its commuter shuttle service. The service was live in 10 cities, including Chicago.
The news also comes as ride-sharing leaders Uber and Lyft have so far struggled on the public market. However, Uber is in talks to sign a massive 450,000-square-foot lease at the Old Post Office in Chicago, which would be one of the largest tech leases ever in the city.
