General Motors Inc (GM.N) said on Monday it will invest $500 million in Lyft Inc and laid out plans to develop an on-demand network of self-driving cars with the ride-sharing service.
The biggest single Detroit-Silicon Valley crossover deal to date comes as automakers work out how to respond to the rush of technology companies such as Apple, Alphabet and Uber – Lyft’s biggest rival – to control cars of the future and likely reshape the global auto industry.
I see why GM invested in Lyft, but I’ll be honest, I don’t trust the quality of GM cars or technology. I’d feel much better if it were Mercedes.
The beauty of this is it’s GM who will eventually be the one who pays the price for unreliable vehicles.
In what world are Mercedes reliable? This would make sense if you said Toyota. Consumer Reports rates MB below Buick, GMC, Chevy and Cadillac. No one buys a Benz for reliability.
http://www.consumerreports.org/cro/magazine/2015/04/car-brand-report-card/index.htm
I was just going to say that.
Mercedes is not a reliable brand. Just expensive.
German cars are not reliable. That is why 90% of them get leased. Once the warranty is up, it’s time to dump them.