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12 June 2017

Jaguar Land Rover picks up Lyft stake

The automotive producer has combined with its InMotion Ventures subsidiary to make a $25m strategic investment in ride hailing company Lyft.

Author: Robert Lavine, News Editor

Carmaker Jaguar Land Rover and its InMotion Ventures unit combined today to invest $25m in US-based on-demand ride service Lyft as part of a strategic partnership deal.