If you've seen all the commercials for Onstar and wished you could have it, now is the time. GM is planning to offer subscriptions for US and Canadian drivers, even if they don't currently own a GM vehicle.
This is a means to help generate recurring revenue, according to
, which hasn't been kind to the auto industry. There is also a chip shortage which is affecting more than one automaker.
By expanding beyond just making and selling cars, GM is taking a step towards not being dependent on this part of its business, and it could mean great things for the future. So how much does GM think it can bring in? According to Insurance Journal, about $30 billion.
That all sounds great for GM, but why would you actually want an Onstar subscription? What does it actually do?
as part of the Onstar program. This would be offered as part of a bundle.
In the future, it might even expand to people who want location-based emergency services whether or not they are in their vehicle. For anyone who likes to park their vehicle and then get out and hike, this could be a game changer. As long as you have a signal, of course.
GM hasn't put out much information about what this insurance bundle will look like yet, so it's most likely still in the planning stages. We do know that GM is working on offering insurance incentives and data analytics to fleet operators.
Are you looking to sign up for a new insurance policy or look at the new offers available if you switch? Let