GM starts own VC company | business | Hindustan Times
Today in New Delhi, India
Nov 18, 2017-Saturday
-°C
New Delhi
  • Humidity
    -
  • Wind
    -

GM starts own VC company

General Motors Co. has set up its own venture capital company with $100 million to invest in companies that are developing new auto-related technology.

business Updated: Jun 04, 2010 21:49 IST

General Motors Co. has set up its own venture capital company with $100 million to invest in companies that are developing new auto-related technology. The automaker announced the formation of General Motors Ventures LLC in a statement released on Friday.