GM to buy SoftBank's stake in Cruise self-driving unit for $2.1 billion - CNBC
3/18/2022 12:00:00 AM3 years 11 months ago
by Michael Wayland, John Rosevear, Ari Levy
by Michael Wayland, John Rosevear, Ari Levy
GM is acquiring SoftBank Vision Fund 1's equity ownership stake in its majority-owned Cruise autonomous vehicle unit for $2.1 billion.
DETROIT General Motors is acquiring SoftBank's equity ownership stake in its majority-owned Cruise autonomous vehicle unit for $2.1 billion, the automaker announced Friday afternoon. SoftBank Vision… [+2988 chars]
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