Honda invests $3.8 billion in GM's autonomous car division

Honda will help General Motors and Cruise, its self-driving car unit, fund and engineer a next-generation autonomous vehicle to be sold throughout the world. Honda will plow roughly US$2 billion ($2.8 billion) into Cruise over the next 12 years, and is also investing US$750 million ($1 billion) upfront for a 5.7 per cent share in the self-driving unit.