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News, Analysis & Perspective on Autonomous Vehicles

GM’s Cruise self-driving car division lost $728 million in 2018

General Motors recently reported an $8.1 billion net profit for 2018, marking a major turnaround from the year prior. But not all of the Detroit automaker’s 2018 financial results were so positive. GM’s Cruise autonomous-driving division lost $728 million, or 19 percent more than in 2017, according to the automaker.

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