GM’s Cruise Sees Another Billion-dollar Investment

General Motors’ self-driving vehicle unit, Cruise, has attracted new investors and an equity infusion of $1.15 billion as it continues work on its commercial fleet of autonomous taxis. The new investment, which effectively brings the operation’s valuation to $19 billion, is primarily fronted by Baltimore-based asset management company T. Rowe Price Associates Inc. and existing partners like […]

The post GM’s Cruise Sees Another Billion-dollar Investment appeared first on The Truth About Cars.

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Author: Matt Posky

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