Honda will use GM’s self-driving technology, invests in Cruise

Re:Honda will use GM’s self-driving technology, invests in C... by philip1209 on Wednesday October 03, 2018 @02:20PM (#18133111)

By investing, they co-own the company (at least partly), right? Seems smarter than trying to license the tech in 10 years.

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Re:Honda will use GM’s self-driving technology, invests in C... by gph on Wednesday October 03, 2018 @02:27PM (#18133192)

I mean, they'll still have to license the tech from Cruise, they'll just be licensing from a company they have a minority stake in.

You can't just use tech from some other company even if you are part-owner. Heck I don't think you can even do that from a fully-owned subsidiary. They have to have structural/legal independence or it's really just a different branch of the same company.

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Re:Honda will use GM’s self-driving technology, invests in C... by FredFS456 on Wednesday October 03, 2018 @02:31PM (#18133245)

If it's a fully-owned subsidiary you could draft a contract of licensing in exchange for a token $1 or something like that. (Or is there regulatory oversight?)

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Re:Honda will use GM’s self-driving technology, invests in C... by gmb2k1 on Thursday October 04, 2018 @05:47AM (#18138434)

That would constitute tax fraud in many legislations.

That's one of the principal points that tax auditors check in a group, although it's oftentimes hard to determine a market price.

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Re:Honda will use GM’s self-driving technology, invests in C... by fma on Wednesday October 03, 2018 @05:27PM (#18134959)

I saw on Bloomberg TV 5%...though I think that is 5% of Cruise and not GM. GM bought cruise for $500 million cash. This investment puts Cruise at $15 billion. Nice return...

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