Car Manufacturers and Ride-Sharing Apps Become Friends

Two automakers announced Tuesday they would partner and invest in ride-hailing companies––Volkswagen with Gett, an Israeli startup, and Toyota with U.S.-based Uber. Volkswagen’s deal includes a $300 million investment in Gett, which operates in 60 cities worldwide. Toyota’s partnership with Uber creates a new leasing option for Toyota cars for people who want to drive for the company. Toyota said in a statement it will give Uber access to its fleets of Lexus and Toyota vehicles:

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