Think of this as a rare occasion where a General Motors collaborator is providing Ford with a little cash. A GM partner, peer-to-peer car-sharing operator RelayRides, is buying competitor Wheelz for an undisclosed amount, GigaOM reports. It's a bit of a stretch, but Ford is connected to Wheelz.
Could peer-to-peer car sharing be coming of age? The nascent business model got a huge shot in the arm today, in the form of $13.7 million of funding for Wheelz, a car sharing program based on college campuses. Zipcar, of course, is the 800-pound gorilla of the car sharing ecosystem, operating in three countries and boasting nearly 700,000 clients. Perhaps equally important is that among those bankrolling Wheelz is Fontinalis Partners, a Detroit-based investment firm founded by Bill Ford, Execut