BERKELEY, California (Reuters) -General Motors Co's majority owned Cruise self-driving car subsidiary said on Tuesday it would gain access to a multi-year $5 billion line of credit with GM's finance arm to fund its purchase of Origin vehicles starting in early 2023.
"This bumps up Cruise's total war chest to over $10 billion as we enter commercialization," Dan Ammann, chief executive of the Cruise unit, which also counts Softbank and Honda as minority investors, said in a blog posting.
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