Jaguar Land Rover is investing 25 million dlrs in US ride-sharing company Lyft, in a move that confirms the auto industryâ€™s resolve to add newÂ revenue streams to its traditional business. JLR, which is owned by Indiaâ€™s Tata Group, said it will make the investment through its InMotion venture capital unit. Lyft is a fast-growing new Read More..
LAS VEGAS — General Motors and Lyft announced on the eve of the CES consumer electronics show that they plan to create an integrated network of on-demand autonomous vehicles in the US. GM will invest 500 million dlrs in the ridesharing company to help it continue its rapid growth. The move underlines how quickly traditional Read More..