Jun 15, 2018 - Technology

Report: GM may take self-driving car unit public

Photo: Cruise

General Motors is reportedly considering several options for self-driving unit Cruise, including an IPO or pubic tracking stock, according to Bloomberg.

Why it matters: It's not surprising that GM would want to highlight Cruise's value to investors but, as Bloomberg notes, a complete spin-off would leave the parent company without a high-tech narrative of its own.

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