GM preps for 'on demand' car sharing

GM buys up another Uber rival as it moves towards running its own 'dial a ride' service - with driverless cars! Picture: side.cr

GM buys up another Uber rival as it moves towards running its own 'dial a ride' service - with driverless cars! Picture: side.cr

Published Jan 21, 2016

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San Francisco, California - Fresh from taking a $500 million (R8.35 billion) stake in ride-sharing service Lift, General Motors has bought assets and hired employees from an Uber competitor that ran out of fuel.

GM said on Tuesday it had taken over workers and technology from ride-sharing and delivery service Sidecar, revving up its drive into a future of autonomous on-demand cars.

A GM spokesman confirmed: “We have attracted Sidecar employees to be integrated into the GM urban mobility team, and acquired certain related assets, for work on our global mobility programmes.”

GM declined to disclose any other more details.

Read: GM planning driverless ride-sharing service

San Francisco-based Sidecar was founded about five years ago and competed with Uber and Lyft in the on-demand, ride-sharing market.

In December 2015, Sidecar announced it was ending its ride-sharing and delivery service in the face of better-funded rivals.

That same month, GM announced a $500 million stake in Lyft as part of a “strategic alliance”.

GM will be the preferred provider of cars to Lyft drivers through short-term rental hubs, and allow Lyft drivers and customers to connect through GM's OnStar information technology services.

The two will also jointly develop a network of self-driving vehicles available on-demand for customers.

GM President Dan Ammann said: “We see the future of personal mobility as connected, seamless and autonomous.

“With GM and Lyft working together, we believe we can successfully implement this vision more rapidly.”

Lyft vies with industry leader Uber in ride-hailing services that have undercut taxi services in many countries but also allowed many more people access to on-demand transportation without owning their own vehicles.

Ride-sharing services typically let people use smartphone applications to summon cars owned and operated by people who sign on as drivers.

GM meanwhile is working on developing autonomous cars.

AFP

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