Tag Archives: lyft

General Motors Sets Q4 2017 Dividend at 38 Cents

GM shares have moved higher since September – about +29.5% for the year. The company claims it is concentrating on ridesharing – the Lyft semi-acquisition looks brilliant – electric vehicles and self-driving cars. GM is also adding Maven Gig to more cities. Continue reading

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Toyota Begins Alliance with Grab Ride-Hailing Service

The stampede to cooperation with car sharing companies began with GM’s acquisition of Lyft – a Uber competitor – for $500 million in January of 2016. This was a surprising move to some – including automakers – who were out of touch with what was long derided as a moribund company., but was moving fast post-bankruptcy with a new generation of leaders. Continue reading

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Lyft and GM Express Drive Expands to Colorado, California

The expansion follows successful launches in Chicago, Boston, Washington D.C. and Baltimore. Continue reading

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Mobility Company or Automaker? Toyota Signs MOA with Uber

This is a complicated deal, given Uber’s current legal and regulatory challenges in the U.S., as well as global business conditions and regulations, and – at the end of the road – consumer desires. Continue reading

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