GM’s Mary Barra: Driver-Owned Vehicles Not Going Away

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General Motors CEO and chairwoman Mary Barra believes that even with the move to ride-sharing and mobility services, there’s still a future for driver-owned vehicles. Speaking at an Automotive Press Association event in Detroit, Barra said that there isn’t an industry that technology isn’t disrupting and that dealers need to adapt to changes happening in the automotive sector. However, driver-owned models will be still be the core part of GM’s business in the near future despite the growth of ride-sharing.

“The transformative technologies–electric vehicles, autonomous vehicles–provide an opportunity to grow, again, where it makes good business sense. If you look at where ride-sharing is the most popular, it’s in dense, urban environments where we have low market share, so that’s where we see it as additive,” Barra told Automotive News. “I do think that we’re going to be

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