GM invests 500 million in Lyft.
I think it is a good idea overall since GM can have Lyft drivers lease their cars and do self-driving car research together.
Lyft could further boost the deal by giving discounts to GM or having Lyft drivers pick up workers at GM.
However, doesn't GM have huge debt and pension obligations? Of course, the Lyft deal seems like a good deal over the long run but somehow I believe GM should try to resolve its debt issue first before it goes bankrupt again.
Also, didn't GM have a defective switch ignition problem...
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