Not as successful and with not as much brand recognition.
GM still holds a $500 million investment in the company.
GM could make up to $1.27 billion from its $500 million investment from the IPO.
Valuation could be between $20-$25 billion.
GM announced voluntary buyouts the same day it posted stronger-than-expected third-quarter earnings.
We explore the wild idea of GM selling vehicles to taxi fleets.
GM is one of two Fortune 500 companies with an all-women CEO-CFO team.
The ride-hailing firm is reportedly looking to go public in the first half of 2019.
GM and Lyft once imagined a close relationship in the future.
GM and Lyft haven’t been nearly as public in recent months as both partner with rivals.
Although neither said its original partnership was exclusive, the two companies continue to work with rivals.
Reportedly, GM could be looking into pressing its autonomous vehicles into service on the Uber network, in addition to its existing Lyft partnership.
Lyft also partnered with Waymo for future technology.
Meanwhile, General Motors-backed Lyft steers clear.
GM previously invested $500 million in the ride-sharing service.
That would make it the largest fleet in the U.S.
Lyft is currently backed by General Motors through sizable investments.
The Express Drive program allows qualified drivers to rent a GM vehicle per week.
That would expand GM’s self-driving fleet by a very large number.
In response to the controversial immigration ban enacted by President Trump.
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