The company is expected to launch a pilot program via its Maven car-sharing platform as early as this summer.
General Motors is apparently attempting to beat Tesla as the first major automaker to launch a peer-to-peer car-sharing service.
The company is working on a pilot program that will allow owners to rent out their vehicles via GM's Maven car-sharing platform, unnamed sources have told Bloomberg.
Several San Francisco-based startups already offer such services, including Turo and Getaround. Both have remained relatively small players, however, compared to traditional car rental companies.
Tesla has envisioned a peer-to-peer service that allows owners to make money from their car while it would otherwise be wasting time in the garage or in a parking lot. The company appears to be waiting for Level 4/5 autonomy, avoiding the issue of allowing users to actually drive someone else's car rather than simply take a ride in it.
GM is said to be preparing its pilot program for this summer, suggesting it will be a traditional car-sharing service rather than relying on self-driving operation.