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.
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?
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.
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.
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.
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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- SPPPP The little boosters work way better than you would expect. I am a little nervous about carrying one more lithium battery around in the car (because of fire risk). But I have used the booster more than once on trips, and it has done the job. Also, it seems to hold charge for a very long time - months at least - when you don't use it. (I guess I could start packing it for trips, but leaving it out of the car on normal days, to minimize the fire risk.)
- Bader Hi I want the driver side lights including the bazl and signal
- Theflyersfan One positive: doesn't appear to have a sunroof. So you won't need to keep paper towels in the car.But there's a serious question to ask this seller - he has less than 40,000 miles on some major engine work, and the transmission and clutch work and mods are less than 2 months old...why are you selling? That's some serious money in upgrades and repairs, knowing that the odds of getting it back at the time of sale is going to be close to nil. This applies to most cars and it needs to be broadcasted - these kinds of upgrades and mods are really just for the current owner. At the time of sale, a lot of buyers will hit pause or just won't pay for the work you've done. Something just doesn't sit well with me and this car. It could be a snowbelt beast and help save the manuals and all that, but a six year old VW with over 100,000 miles normally equals gremlins and electrical issues too numerous to list. Plus rust in New England. I like it, but I'd have to look for a crack pipe somewhere if the seller thinks he's selling at that price.
- 2ACL I can't help feeling that baby is a gross misnomer for a vehicle which the owner's use necessitated a (manual!) transmission rebuild at 80,000 miles. An expensive lesson in diminishing returns I wouldn't recommend to anyone I know.
- El scotto Rumbling through my pantry and looking for the box of sheets of aluminum foil. More alt right comments than actual comments on international trade policy. Also a great deal of ignorance about the global oil industry. I'm a geophysicist and I pay attention such things. Best of all we got to watch Tassos go FULL BOT on us.