Car Companies Look to Each Other, Silicon Valley for Self-Driving Ventures
Alliances proliferate as auto makers, tech firms see future in ride hailing, self-driving cars and connected-vehicle services
Auto makers, looking to secure their futures in a transportation landscape that is rapidly changing, are increasingly partnering with each other and their would-be rivals in Silicon Valley to pursue new ventures in self-driving cars and other forms of personal mobility.
These new alliances have proliferated in recent years, with car makers such as General Motors Co., Toyota Motor Corp. and Daimler AG betting that future growth and profits will come less from building and selling cars and more from developing businesses centered...