Tag: Cruise autonomous vehicle

Industry Focus Areas, Motorized Vehicle

Honda acquires $2.75bn stake in General Motors Cruise autonomous vehicle unit

October 3, 2018

Via: Manufacturing Global

The company has agreed to pay $750mn in advance for the minority stake in Cruise and will also contribute another $2bn over the next 12 years. As part of the deal, Honda, GM and Cruise will develop autonomous vehicles in […]