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.