The duo of General Motors Company (NYSE:GM) and Google Inc (NASDAQ:GOOGL) could bring the self-driving car to market if a report from TIME is any indication.
According to TIME, General Motors Company (NYSE:GM) has said that it is “open” to having discussions about self-driving cars with its most prominent proponent, Google Inc (NASDAQ:GOOGL).
“I’m not in charge of deciding what we will and won’t do, but I’d say [GM would] certainly be open to having a discussion with [Google],” Jon Lauckner is quoted by the publication as saying at the sidelines of the Detroit auto show.
Lauckner is General Motors Company (NYSE:GM)’s Chief Technology Officer. The comment from the GM executive came as Google Inc (NASDAQ:GOOGL) and its self-driving car project manager, Chris Urmson, was expected to announce a drive to seek partners for the project at the Detroit auto show.
General Motors Company (NYSE:GM) last week made headliners in the technology space as it debuted the Chevrolet Bolt, a car that is aimed squarely at beating Tesla Motors Inc (NASDAQ:TSLA), a technology industry darling which makes electric vehicles.
Google Inc (NASDAQ:GOOGL) has long been in the news for its self-driving car project which could potentially be very revolutionary especially for people who cannot drive such as those with disabilities.
Warren Buffett’s Berkshire Hathaway owned 40 million General Motors Company (NYSE:GM) shares by the end of the September quarter. That is a 22% increase in the fund’s holdings in the automaker compared to their holdings in the previous quarter.
David Gallo’s Valinor Management LLC owned 184,851 Class A Google Inc (NASDAQ:GOOGL) shares by the end of the third quarter of 2014, a 14% increase compared to Valinor’s holdings in the tech giant in the preceding quarter. Valinor sold all its Class C Google shares in the same quarter.
