GM buying Softbank’s stake in Cruise for $2.1B, putting in additional $1.35B
Green Car Congress
MARCH 19, 2022
We are extremely pleased to announce GM is leveraging the strength of its balance sheet to capitalize on the opportunity to increase its equity investment in Cruise and advance our integrated autonomous vehicle strategy. —GM Chair and CEO Mary Barra. GM is manufacturing the Origin in Michigan at Factory ZERO.
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