Saturday, March 12, 2016

General Motors: GM buys robot car startup – t-online.de

SAN FRANCISCO (AFX) – The Opel’s parent General Motors & lt; GM.NYS & gt; wants to accelerate the development of their self-driving cars with the purchase of a startup in San Francisco. The purchase price for the company, founded in 2013 Cruise Automation should be more than a billion dollars, reported the technology blog “Recode” and the magazine “Fortune”, citing informed people on Friday. Official figures this did not exist.

Cruise initially developed retrofit kits that make conventional cars to self-propelled vehicles. The first version for the price of $ 10,000 with a sensor block for the car roof was lt for Audi &; NSU.ETR & gt; intended models. After that, the company had decided to change the business idea and basically focused on the development of technology for autonomous driving, co-founder and chief Kyle Vogt said the technology blog “The Verge”. nothing was known about the progress. GM executive Mark Reuss told now but without further details, the purchase procure car giant “a unique technological advantage.” The location of Cruise in San Francisco is to be maintained. F.NYS & gt;; According to media reports, the startup had only received 18 million dollars from investors

The GM competitors Ford & lt. & Lt; FMC1.FSE & gt; also superimposed on Friday from the development of new technologies in a new subsidiary company. In the Ford Smart Mobility business with mobility solutions such as carsharing come, but also the development of self-driving cars.

The carmaker deliver just a competition in the development of self-propelled vehicles. Experts reckon that they should regularly come to the streets 2020.

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