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GM to invest US$500m in autonomous car share venture

GM is pursuing a car share venture that will utilize a fleet of autonomous vehicles. By Freddie Holmes

The car share concept is becoming an increasingly attractive business opportunity, underlined by a recent partnership between General Motors and US-based rideshare company Lyft. GM’s Opel already offers a car share model through its CarUnity project, which allows drivers in Germany to rent out their vehicle.

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