FacebookLinkedInRssXYouTube

Cruise

GM Invests Another $850M In Cruise To Expand Manual Operations

DETROIT - Despite a bumpy 2023, Cruise LLC isn’t nearing the end of the road yet. General Motors, its parent company, said last week that it would invest an additional $850 million into the autonomous vehicle developer. To date, GM has invested more than $8 billion into Cruise and hasn’t yet seen much of a

By |2024-06-27T09:21:44-04:00June 23rd, 2024|Auto Tech, Clean Update, Featured|
Read More

Honda To Invest $750 Million In GM’s Cruise To Accelerate Self-Driving Car Development

DETROIT - Cruise, the self-driving car startup backed by General Motors, is getting a $750 million investment from Honda, creating a market value for Cruise at $14.6 billion. Honda has been lagging in the competition to bring Connected and Autonomous Vehicles to market, so this deal gives the Japanese car maker the chance to catch

By |2018-10-04T20:04:23-04:00October 4th, 2018|Auto Tech, Autonomous Vehicles|
Read More