GM's former president is now running the self-driving-car company Cruise. He says it's time to move past the automobile.

Former GM President Dan Ammann, now CEO of the self-driving-car company Cruise, wrote an extraordinary Medium post in which he argued that it's time to move past the automobile. Cruise was bought by GM in 2016 for an all-in price of $1 billion; the now-standalone company has received subsequent investment from SoftBank and Honda and is now worth almost $20 billion. Cruise is currently testing its autonomous vehicles and ride-hailing technology.

Former GM President Dan Ammann, now CEO of the self-driving-car company Cruise, wrote an extraordinary Medium post in which he argued that it's time to move past the automobile. Cruise was bought by GM in 2016 for an all-in price of $1 billion; the now-standalone company has received subsequent investment from SoftBank and Honda and is now worth almost $20 billion. Cruise is currently testing its autonomous vehicles and ride-hailing technology.

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GM lending $40M to startup company buying closed Ohio plantGeneral Motors has agreed to loan $40 million to a newly formed company that wants to make electric pickup trucks at a massive Ohio assembly plant GM shut down earlier this year What Would those be the dreaded green jobs? Well excuse me the money is not yours to lend out not yours to buy 15 million $ mansions with and say I did it for you me to live in while I live in a proxy little rental and have not seen a red cent you don't have nothing over me your not my accountant your a thief all of you That’s like a CEO’s annual bonus
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