UPDATE 6-SoftBank joins GM in self-driving car race; GM shares soar
30 May UPDATE 6-SoftBank joins GM in self-driving car race; GM shares soar
Posted at 18:47h
in
News
by KMFSLLP
May 31 (Reuters) – Japan’s SoftBank Group Corp will
invest $2.25 billion in General Motors Co’s autonomous
vehicle unit Cruise, the companies said on Thursday, a deal that
validates the venerable Detroit automaker’s leadership in
self-driving cars and sent GM shares up more than 10 percent.
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