KM Financial Solutions | UPDATE 3-Ford follows GM’s Cruise move with self-driving spinoff
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UPDATE 3-Ford follows GM’s Cruise move with self-driving spinoff

UPDATE 3-Ford follows GM’s Cruise move with self-driving spinoff

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.

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