Calling an Uber Is Cooler Than Owning a Car--And Automakers Want In

People don't want cars, they want rides. And they're scrambling to do something about it. Just months after GM poured money into Lyft (the one with the pink mustasche), Toyota and Volkswagen both said today they were joining up with other ride-hailing rivals. Toyota, meanwhile, is partnering with Uber to, among other things, let people automatically deduct their car payments from the fares they make as Uber drivers. Clearly automakers have Silicon Valley envy.