Vehicle manufacturer details goals to market insurance products and transform claims and parts procurement through its ecosystem of dealers and certified repair facilities.
General Motors Co. (NYSE: GM) provided a detailed roadmap of how the company plans to double its annual revenue and expand margins to 12 to 14 percent by 2030, as a result of GM’s transformation into a growth company driven by EVs, connected services and new businesses such as OnStar Insurance that was launched last year.
During presentations for investors, the vehicle manufacturer detailed a goal to grow the OnStar Insurance business to $6 billion annually
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And we thought we had problems before….God help us now.