General Motors completed the acquisition of an additional stake in Cruise from SoftBank Vision Fund for $2.1bn.

General Motors, an American multinational automotive manufacturing corporation, completed the acquisition of an additional stake in Cruise, an American self-driving car company, from SoftBank Vision Fund for $2.1bn. General Motors additionally will invest $1.35bn in Cruise. "We are extremely pleased to announce GM is leveraging the strength of its balance sheet to capitalize on the opportunity to increase its equity investment in Cruise and advance our integrated autonomous vehicle strategy. We continue to believe our investment represents an extraordinary opportunity for creating long-term shareholder value," Mary Barra, GM Chair and CEO.