GM's self-driving car unit Cruise secures $5 billion credit line

Cruise, the self-driving car subsidiary majority-owned by General Motors, has secured a $5 billion credit line. The new credit is being provided by the automotive finance arm of General Motors. "This bumps up Cruise's total war chest to over $10 billion as we enter commercialisation," Cruise CEO Dan Ammann said. Cruise also counts SoftBank and Honda as its minority investors.