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KM Financial Solutions | UPDATE 7-SoftBank joins GM in self-driving car race; GM shares soar
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UPDATE 7-SoftBank joins GM in self-driving car race; GM shares soar

30 May UPDATE 7-SoftBank joins GM in self-driving car race; GM shares soar

Posted at 23:41h in News by
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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 nearly 13 percent.

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