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GM Offers Rentals to Lyft Drivers Accelerating Challenge to Uber

  • Chevrolet Equinox SUV costs $99 weekly including maintenance
  • Fees waived for people who ferry riders 65 times a week

Got a jalopy or don’t even have a car? You can still be a driver for ride-sharing service Lyft Inc.

General Motors Co. is rolling out a program called Express Drive starting in Chicago and expanding to Baltimore, Boston and Washington, D.C., that lets Lyft drivers rent a Chevrolet Equinox sport utility vehicle for $99 a week. Renters also pay 40 cents a mile, but if the driver completes 40 rides in a week, the mileage is free, and if she handles 65, then all fees are waived, John Zimmer, Lyft president and co-founder, said in a telephone interview.