Honda Will Build a High-Volume Self-Driving Car with General Motors' Cruise Automation

Honda is partnering with General Motors to spend billions of dollars on autonomous cars in a new joint-venture manufacturing deal. Cruise Automation, the San Francisco startup GM purchased in 2016 for $1 billion, is cashing a $750 million equity stake from Honda. The Japanese automaker has also promised to drop some $2 billion over 12 years with GM and Cruise to mass-assemble a fully autonomous car that may never wear a Honda logo.

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