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Honda invests $2.75B in GM's self-driving car division

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10-03-2018, 08:20 AM	#1
NewsBot Registered User Senior Member Join Date: Jun 2010 Posts: 48,579	Honda invests $2.75B in GM's self-driving car division Honda on Wednesday said that it would invest $2.75 billion over the next 12 years in Cruise, General Motors' self-driving car operations. Initially, Honda will pump $750 million into Cruise in exchange for a 5.7 percent share in GM's autonomous car development arm. MORE: California DMV: Many hurdles ahead for self-driving cars The investment gives... More...

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