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General Motors (GM), Google Inc (GOOGL) Duo Could Bring Self-Driving Cars To Market

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.

 Google, is GOOGL a good stock to buy, General Motors, is GM a good stock to buy, self-driving cars,

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.

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