Tag Archives: GM Invests $500 Million in Lyft

GM Invests $500 Million in Lyft, Sets Out Self-Driving Car Partnership

General Motors Inc said on Monday it will invest $500 million (roughly Rs. 3,322 crores) in Lyft Inc and laid out plans to develop an on-demand network of self-driving cars with the ride-sharing service. The biggest single Detroit-Silicon Valley crossover deal to date comes as automakers work out how to respond to the rush of technology companies such as Apple, ... Read More »