Owners of GM vehicles who subscribe to the automaker's OnStar service can now rent their vehicles out to other people when they're not in use. RelayRides is the first third-party developer to integrate with OnStar's proprietary application programming interface. The API will be made available to other devs later this summer. Vehicle owners set the rental rates and collect 60 percent of the take; San Francisco-based RelayRides takes the rest. RelayRides takes out a $1 million liability insurance policy on vehicles rented out.
Source: http://ectnews.com.feedsportal.com/c/34520/f/632000/s/2177a259/l/0L0Stechnewsworld0N0Crsstory0C756610Bhtml/story01.htm
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