Ford follows GM's Cruise move with self-driving spinoff

Ford follows GM's Cruise move with self-driving spinoff

6 years ago
Anonymous $hM_jrxqbr-

https://www.reuters.com/article/us-ford-motor-autonomous/ford-follows-gms-cruise-move-with-self-driving-spinoff-idUSKBN1KE24P

Ford Motor Co said on Tuesday it was creating a separate $4 billion unit to house its self-driving vehicle operations and is seeking outside investors, following a similar move in late May by Detroit rival General Motors Co with its Cruise Automation unit.