Honda Motor Co Ltd to invest $2.75 billion and take a 5.7 percent stake in General Motors Co’s Cruise.

Honda Motor Co Ltd, cars producer, has announced investment in the Cruise, a General Motors Co’s self-driving vehicle unit. Honda will invest $2.75 billion and take a 5.7 percent stake in General Motors Co’s Cruise. Honda will make a $750 million investment in GM Cruise LLC immediately, and will invest an additional $2 billion over the next 12 years.