Lyft Said to Rebuff GM Takeover Bid: The Information

The transcript discusses GM's interest in Lyft, highlighting the competitive landscape with Uber. It explores the financial implications of a potential acquisition, including valuation and balance sheet considerations. The partnership between GM and Lyft is examined, focusing on integration and resource allocation for an autonomous network. The discussion also touches on the future of automakers in a market moving towards driverless cars, with GM and other companies making strategic investments.

Discuss the potential impact of driverless cars on traditional automakers like GM.

What role does investment play in the competition between Lyft and Uber?