Honda and GM together for autonomous driving
Honda and General Motors have formed an alliance for the development of self-driving cars.
The Japanese manufacturer has acquired for 2.75 billion dollars the 5.7% share of Cruise Holding, the division dedicated to the autonomous driving of GM, which has an estimated valuation of 14.6 billion dollars.
Honda will pay in the immediate 750 million, and another 2 billion over the next 12 years. The goal is that the two companies will build autonomous vehicles together for all countries in the global market.