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January 19, 2016 04:59 pm GMT

GM Confirms Sidecar Acquisition As Auto Makers Take Tech Ambitions Up A Gear

9008657767_fcaeb1e20a_kHot on the heels of its$500 million investment in transportation startup Lyft, General Motors is pumping some more gas into itsride-sharing ambitions. The companyhas acquired select assets of Sidecar, a would-be Uber and Lyft competitor that went bust in Decemberwith a hint that this was not the end.The GM news, first reported by Bloomberg, was confirmed to TechCrunch directly by… Read More

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/R2xfO2AVY3k/

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