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Public transport is mostly going to be owned by local, state and federal agencies. I’d be willing to bet that what you read was written by someone that likes to make shit up.
It did happen: https://en.m.wikipedia.org/wiki/General_Motors_streetcar_conspiracy
Yea I'm pretty sure this is what OP heard about, it's a common tidbit that gets shared
Ownership wasn't secret then, and it's not secret now. What happened then was that they bought transit things and shut them down. That COULD happen now too, but it would happen pretty publicly
They do lobby governments though
This is what I had heard of ages ago, thanks a lot!
If I understand this correctly, GM conspired to undermine public streetcars not to sell more private cars, but to sell public buses and supplies for them?
So I guess the part about selling cars that I heard was a myth, or at least not supported by evidence. Who knows what really went on in the GM executives' minds, though?