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News, Analysis & Perspective on Autonomous Vehicles

GM’s CEO Mary Barra just shared some interesting insight into how the company’s self-driving division is run

GM reported fourth-quarter and full-year 2018 earnings on Wednesday, beating analysts’ estimates and sending shares up about 4% before they dropped back in afternoon trading. In its earnings statement, GM broke out results for its Cruise self-driving division. The carmaker had said in 2018 that it would spend $1 billion on Cruise, but for the year, the tally was just $700 million.

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