Ford follows GM's Cruise move with self-driving spinoff
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.
Ford follows GM's Cruise move with self-driving spinoff
Jul 24, 2018, 5:17pm UTC
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.