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The Economist (January 27)

2018/ 01/ 29 by jd in Global News

“Not so long ago, GM and its peers seemed to be on a path to extinction. Technology firms such as Alphabet, Uber and other pushy newcomers had started a race to develop software that would control driverless cars and to offer ride-hailing and ride-sharing services that are expected to thrive at the expense of car ownership.” However, there’s been a sharp reversal in market sentiment and GM has taken pole position. “A scorecard issued annually by Navigant, a consultancy, puts GM ahead of the AV pack of carmakers and tech firms, with Alphabet’s Waymo in second place.”

 

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