GM finishes buying self-driving car tech firm

General Motors has completed its acquisition of Cruise Automation, the 3-year-old San Francisco startup that may provide a critical piece of technology in the quest to bring a fully autonomous car to market soon. The automaker won't disclose the final price or other terms until this summer when it reports second-quarter financial results. Multiple media sources have reported that GM is paying at least 1 billion for Cruise. "General Motors is pleased to announce it has completed the closing of the acquisition of Cruise Automation," the company said in a statement. The deal's consummation had been threatened by a pair of lawsuits involving Cruise cofounder and CEO Kyle Vogt and Jeremy Guillory, who said he was an early partner in the company.