Cruise, General Motors and Honda sign MoU to set up new JV.

Auto Business News-October 19, 2023--Cruise, General Motors and Honda sign MoU to set up new JV

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Auto Business News - 19 October 2023

Cruise LLC, a United States-based self-driving car company, along with United States-based General Motors (NYSE: GM) and Japan-based Honda Motor Company (NYSE: HMC), has signed a memorandum of understanding to set up a new joint venture (JV).

The new JV is to offer driverless ride-hail service in Japan from early 2026.

The Cruise Origin has been co-developed with GM and Honda and will provide customers in Japan with a completely new kind of mobility experience. The...

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