More Carmakers Race Into Ride-Sharing

Automotive News – May, 30, 2016

Automakers are staking their claims in the ride-sharing world — and fast. Last week alone, Toyota Motor Corp. invested in and partnered with ride-share giant Uber, Volkswagen Group invested in Gett, a ride-hailing company popular in Europe, and BMW AG invested in Scoop Technologies Inc., of San Francisco, maker of a mobile carpooling app.

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