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Because selling has better cash-flow properties than renting, and by selling GM can push some financing requirements into smaller and more dispersed entities.

Besides, a bigger market does not mean it's more lucrative. Competition on ride-sharing will probably be much more intense than on car manufacturing, and GM may be completely unable to succeed on that new market.



Automakers sure do make a lot of leases though.

(re your comparison of selling and renting)


As I understand it, from an automaker's perspective a lease is a sale. They're just selling it to a third party instead of the leasee.


Yes, they do. If they do sell the cars, it will probably be for the reasons I pointed.

I'm not saying they will sell them. But the ROI one is a likely possibility.




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