GM and Lyft Partner Up

General Motors and ridesharing company Lyft recently announced a historic new partnership.  The two companies will work together in developing an on-demand network of self-driving vehicles, as well as short-term car rental vehicles for those who want to earn money as a Lyft driver.  Significantly, GM will invest $500 million in Lyft, in what is reportedly the largest direct investment by an auto manufacturer in a U.S. ridesharing company.

 

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