GM
Tech companies and auto companies are all racing to be the first to roll out self-driving cars onto the road.
The stakes are high for everyone involved. The self-driving revolution and the prevalence of ride-hailing services such as Uber and Lyft threatens to reduce individual car ownership, which would eat into a sizable piece of automakers' core business.
See the rest of the story at Business Insider
See Also:
- Rationalization is the one word likely to dominate Uber's earnings report. Here's why anxious investors are so keen to hear it.
- GM's profits shrank 17% in 2019 thanks to slumping sales and a paralyzing worker strike
- Wall Street is quietly retreating from its enthusiasm for Tesla's self-driving car plans
from Business Insider https://ift.tt/336rXeK
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