Posted: October 11, 2017
General Motors continues to assemble the pieces of a mobility company, acquiring Lidar-maker Strobe and assigning its team to the Cruise Automation effort.
GM is filling up the pieces on the chessboard, not just with deals, but by integrating the elements. It may not come together precisely as planned, but something is coming together and it is causing Wall Street to warm to the company. Ford has plans, too, of course, but a week after Jim Hackett talked strategy to the world, the company’s moves in the mobility speech — like a tie-up with Autonomic Inc., a small Silicon Valley startup announced by Hackett — still feel undersized by comparison, whisperers in Detroit said last week.
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