General Motors just made a $500 million bet that people may someday stop buying or even driving their own cars.

The auto giant on Monday announced a deal with Lyft — the chief U.S. rival to ride-hailing service Uber — to develop a network of self-driving cars that can be summoned via an app.

“We see the future of mobility as connected, seamless and autonomous,” Dan Ammann, GM president, said in a statement. “With GM and Lyft working together, we believe we can successfully implement the vision more rapidly.”

This may mark the most aggressive move yet by any traditional read more >>>

Source : HuffingtonPost.Com