GM to make self-driving cars

Image
ANI Michigan
Last Updated : Mar 12 2016 | 1:57 PM IST

American multinational corporation General Motors (GM) has announced its plans to make self-driving cars.

The company would be purchasing Cruise Automation, a San Francisco-based startup making sensors that turn regular vehicles into driverless cars.

The move is part of a big bet for GM in the driverless car industry as several company's like Google are now racing to implement this type of technology, Techcrunch reported.

"The next step is to make sure we bring the full resources to the table to accelerate what Cruise is doing and integrate into the GM vehicle system," GM president Dan Ammann said.

Headquartered in Detroit, Michigan, General Motors designs, manufactures, markets and distributes vehicles and vehicle parts and sells financial services. The company produces vehicles in 37 countries under thirteen brands: Alpheon, Chevrolet, Buick, GMC, Cadillac, Holden, HSV, Opel, Vauxhall, Wuling, Baojun, Jie Fang, UzDaewoo.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Mar 12 2016 | 1:40 PM IST

Next Story