UPDATE 3-Ford follows GM’s Cruise move with self-driving spinoff
23 Jul UPDATE 3-Ford follows GM’s Cruise move with self-driving spinoff
Posted at 19:41h
in
News
by KMFSLLP
Ford Motor Co said on Tuesday it
was creating a separate $4 billion unit to house its
self-driving vehicle operations and is seeking outside
investors, following a similar move in late May by Detroit rival
General Motors Co with its Cruise Automation
unit.
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