The Traderszone Network

Published in TZ Latest News 2 November, 2016 by The TZ Newswire Staff

Is General Motors’ New Deal With Uber a Stab in Lyft’s Back?

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In a new pilot program, GM’s Maven unit will lease vehicles to Uber drivers in San Francisco at a discounted weekly rate. Image source: General Motors.

General Motors (NYSE: GM) announced on Nov. 1 that its Maven car-sharing unit has struck a deal with ride-hailing giant Uber Technologies to provide discounted short-term leases on GM vehicles to Uber drivers.

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