Friday, 24 March, 2023

General Motors sets goal to build Netflix-size subscription platform by 2030

<p>GM estimates that its in-car viewing service will reach a revenue of $25B by 2030, and expects it to produce $2B in revenue this year. With over 16M vehicles on road, the US-based automaker currently has 4.2M vehicle owners paying for its subscription service currently. The number, however, is expected to increase with the launch of the new &quot;Ultifi&quot; platform. Research indicates customers can spend up to $135 monthly for the subscription.</p>