Lyft President Zimmer Discusses Self-Driving Unit Sale

Bloomberg Technology published this video item, entitled “Lyft President Zimmer Discusses Self-Driving Unit Sale” – below is their description.

Apr.26 — Lyft Inc. Co-Founder and President John Zimmer discusses the company’s decision to sell its self-driving division to a subsidiary of Toyota Motor Corp., and the prospects for autonomous vehicles. The deal is worth $550 million and will allow Lyft to turn an adjusted profit in the third quarter of this year, the company said. Zimmer speaks with Ed Ludlow on “Bloomberg Daybreak: Asia.”

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