A group of institutional investors is sinking $1. 15 billion into GM Cruise LLC, the autonomous vehicle unit of General Motors. Cruise announced the investment from a group led by T. Rowe Price on Tuesday and said it included money...

General Motors' No. 2 executive is moving from Motor City to Silicon Valley to run the automaker's self-driving car operations as it attempts to cash in on its bet that robotic vehicles will transform transportation. GM President Dan Ammann will...

Japan's No. 1 automaker Toyota Motor and technology giant SoftBank Group are setting up a joint venture to create mobility services in what they called a "united Japan" effort to face global competition. The 2 billion yen ($20 million) venture,...

The Japanese technology conglomerate SoftBank will spend $2.25 billion for a nearly a 20 percent stake in General Motors' autonomous vehicle unit.GM said Thursday that it will also sink another $1.1 billion into its GM Cruise automated division. The capita...