GM is Spending a Lot of Cash so You Don't Have to Drive

General Motors wants you to have more texting time in your car, and it’s dropping a lot of cash to see that it happens.

The company announced Friday that it will purchase San Francisco-based Cruise Automation in order to access and advance its self-driving vehicle technology, a buy worth upwards of $1 billion, Fortune reports.

The three-year-old startup has been busy gathering investor capital to develop and push aftermarket kits designed to turn regular vehicles into autonomous cars.

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TTAC News Round-up: Volkswagen Turns To Former FBI Chief, Renault Just 'Improving' Emissions, GM Buys Ridesharing Service

Volkswagen just tabbed a former FBI director to be the highest paid traffic cop in the universe.

That, Renault is only “improving” its emissions, GM’s big bet on ride sharing and the world’s biggest auto supplier says diesel isn’t dead … after the break!

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Report: Uber Hasn't Made New York Traffic Worse, But It Could

Over the summer, New York City Mayor Bill de Blasio said Uber drivers were making Manhattan traffic worse and commissioned a $2 million study to prove it.

Except it didn’t.

According to the Wall Street Journal, findings from the report will show that ride-sharing services such as Uber and Lyft haven’t significantly increased congestion in Manhattan, but it might if it continues its current trajectory.

So, what else do you have?

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General Motors Makes $500M Bet on Lyft

General Motors announced Monday that it would invest $500 million in ride-sharing service Lyft to help boost the automaker’s business in car-sharing companies and perhaps rental cars.

The automaker announced that the investment — roughly half of Lyft’s latest round of fundraising — would buy the automaker seat on the ride-sharing company’s board of directors. Lyft, which is based in San Francisco, is valued around $4.5 billion, which is significantly less than the $62 billion valuation for rival Uber, according to the New York Times.

GM said the companies would partner on rentals for the car-sharing company, connectivity and autonomous technology.

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Study Aims To Determine If Ride-sharing Services Are Putting More Cars on The Road

The National Resources Defense Council’s Urban Solution program will study the impact ride-sharing services have on the environment, the group announced Friday. The study will be conducted with the University of California Berkley Transportation Sustainability Research Center to determine what environmental impacts services such as Lyft and Uber have on pollution and congestion.

” … Others wonder if these companies are competing with public transit, substituting for walking and biking trips, or perhaps adding more cars to the road,” wrote Amanda Eaken, a researcher for the NRDC, a non-profit environmental group.

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USC Students Fund Nugg Medical Marijuana App Via Lyft Referrals

What happens when medical marijuana meets pink mustaches? For one thing, an app called Nugg.

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Lyft, Uber Lobby Texas Legislature For Statewide TNC Legislation

Transportation network companies Lyft and Uber are lobbying the Texas Legislature to enact legislation that would help TNCs better operate in the state.

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Lyft Sued For Breach-Of-Contract, Fraud Linked To $1K Bonus Program

A 22-page complaint filed against Lyft in federal court says the transportation network company reneged on a $1,000 bonus promised to new drivers.

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Lyft Replacing Iconic 'Stache Plush With Upscale Revision

No longer will Lyft drivers have to worry about their fuzzy pink mustache plushies becoming gross after a day in the rain, thanks to a new upscale display.

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Lyft, Uber Et Al Impact US Medallion Market

Transportation network companies like Lyft and Uber are making an impact on the United States livery market, particularly in cities where medallions are sold.

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Uber Goes Dirty Against Lyft With Cancelled Rides, Recruitment Drives

It’s already hard for a transportation network company out there, yet Uber apparently wants to make it harder for the pink mustache plushies of Lyft through a high-stakes game of Ding-Dong-Ditch.

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Teamsters Aid Los Angeles Uber Drivers In Improving Work Conditions

Ride-sharing service Uber has hit a few rough patches as of late, mainly from taxi operators and city and state officials who believe Uber and others like it are too disruptive for its own good. However, the Teamsters — who supported European taxi drivers in their protest of the service earlier this month — are throwing their support to Uber drivers wishing to organize.

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Ur-Turn: Need A Lyft?

TTAC reader Majda shares his tale of becoming a driver for ridesharing app Lyft.

Few car enthusiasts get paid to drive soused, singing young women around town. I do. The price was zip-tying a pink moustache onto the grille of my Mazda3.

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Hammer Time: Hey Taxi!

Georgia is now seriously weighing in House Bill 907 which opponents have dubbed the, “Taxi Monopoly Protection Act.”

It would effectively outlaw ride sharing services like Uber and Lyft. While also making cab companies victims of the usurious fees that they are required to pay to remain in business.

My solution to all this would be politically tone deaf and probably DOA in GA. My special interest is simply a personal one. I want to see better ideas work for the general public.

So here’s my deep dive into the rabbit hole that is government balancing one man’s freedom with another man’s fears.

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  • Lorenzo I just noticed the 1954 Ford Customline V8 has the same exterior dimensions, but better legroom, shoulder room, hip room, a V8 engine, and a trunk lid. It sold, with Fordomatic, for $21,500, inflation adjusted.
  • Lorenzo They won't be sold just in Beverly Hills - there's a Nieman-Marcus in nearly every big city. When they're finally junked, the transfer case will be first to be salvaged, since it'll be unused.
  • Ltcmgm78 Just what we need to do: add more EVs that require a charging station! We own a Volt. We charge at home. We bought the Volt off-lease. We're retired and can do all our daily errands without burning any gasoline. For us this works, but we no longer have a work commute.
  • Michael S6 Given the choice between the Hornet R/T and the Alfa, I'd pick an Uber.
  • Michael S6 Nissan seems to be doing well at the low end of the market with their small cars and cuv. Competitiveness evaporates as you move up to larger size cars and suvs.