GM Cruise gets US$1.15 billion investment from group including SoftBank fund

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GM Cruise gets US$1.15 billion investment from group including SoftBank fund
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General Motors Co's majority-owned Cruise self-driving car unit said on Tuesday it received a US$1.15 billion investment from a consortium of ...

General Motors Co's majority-owned Cruise self-driving car unit said on Tuesday it received a US$1.15 billion investment from a consortium of investors, valuing the subsidiary at US$19 billion.

FILE PHOTO: The GM logo is seen at the General Motors plant in Sao Jose dos Campos, Brazil, January 22, 2019. REUTERS/Roosevelt Cassio/File Photo

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