Wed, 12 Nov 2025 22:20:32 GMT (1762986032991)
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Skip to main content7 years ago
Japan's SoftBank to sink $2.25B into GM autonomous car unitThe Japanese technology conglomerate SoftBank will spend $2.25 billion for a nearly a 20 percent stake in General Motors' autonomous vehicle unit.GM said Thursday that it will also sink another $1.1 billion into its GM Cruise automated division. The capita...
7 years ago
Cruise control: GM's No. 2 exec to run self-driving car unitGeneral Motors' No. 2 executive is moving from Motor City to Silicon Valley to run the automaker's self-driving car operations as it attempts to cash in on its bet that robotic vehicles will transform transportation. GM President Dan Ammann will...
7 years ago
Toyota, SoftBank setting up mobility services joint ventureJapan's No. 1 automaker Toyota Motor and technology giant SoftBank Group are setting up a joint venture to create mobility services in what they called a "united Japan" effort to face global competition. The 2 billion yen ($20 million) venture,...
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