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Lyft launching car-rental program with GM

Lyft launching car-rental program with GM

Ride-sharing service Lyft and General Motors are launching a program that will allow current Lyft drivers to rent GM cars, the companies said today.

The pilot program, which starts this month in Chicago and is called Express Drive, will offer GM vehicles to Lyft drivers for $99 a week for up to eight weeks. The $99 will be waived to Lyft drivers who log 65 or more rides per week. GM and Lyft will cover the cost of insurance and maintenance.

The program is expected to come to Baltimore, Washington and Boston later this year, a Lyft spokeswoman said.

Initially the vehicles will be Chevrolet Equinox crossovers equipped with OnStar, GM's connectivity system.

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