Owners of GM cars found their driving data had been sold to insurance companies.
GM to pay $220 million after selling customer Smart Driver data
In short
General Motors will pay a $220 million penalty after it was revealed the automaker sold consumer driving data to insurance companies. Vehicle owners uncovered that information collected directly through GM's Smart Driver program had been distributed to these insurers without their clear awareness. The substantial payment resolves the fallout stemming from the discovery of this controversial data-sharing practice.
Key points
- Vehicle data collected via connected programs was sold directly to third-party insurance…: Vehicle data collected via connected programs was sold directly to third-party insurance companies.
- General Motors faced substantial financial consequences amounting to $220 million over th…: General Motors faced substantial financial consequences amounting to $220 million over the practice.
- The issue came to public light only after GM vehicle owners uncovered the data sharing.: The issue came to public light only after GM vehicle owners uncovered the data sharing.