CEO of GM's Cruise driverless vehicle unit hints at offering low-cost shared rides - Reuters

Dan Ammann, former president of the largest Detroit automaker and now the CEO of Cruise, wrote in a blog post that to "make order-of-magnitude -- rather than incremental -- improvements in transportation, we need to build alternatives that are superior to the status quo in every way." The post was headlined "We Need to Move Beyond the Car." Cruise's mission, he said, is to "reduce congestion through making shared rides more compelling by providing an awesome experience at a radically lower cost." Only then, "will we truly move beyond the car to the transportation system that we deserve." Ammann did not elaborate on Cruise's plans in his post.