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News, Analysis & Perspective on Autonomous Vehicles

GM is doubling down on Cruise’s autonomous future

Investing in General Motors ( GM -1.75% ) today is increasingly becoming an investment in the future of electric autonomous driving through its majority ownership of Cruise. Late last week, GM announced it was buying out SoftBank’s stake in Cruise for $2.1 billion and will take on a $1.35 billion investment tranch that’s due now that Cruise is reaching commercialization.

https://www.fool.com/investing/2022/03/23/gm-is-doubling-down-on-cruise-autonomous-future/

 

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