GM reps referred Automotive Information to public responses about Cruise from CEO Mary Barra and other executives, who have expressed optimism about the firm’s prospective clients. At final month’s South by Southwest function in Austin, Barra mentioned Cruise and AVs extra broadly symbolize the automaker’s intention of zero emissions, congestion and crashes. Last calendar year, GM obtained SoftBank Vision Fund 1’s ownership placement in Cruise for $2.1 billion and created a independent expense of $1.35 billion into Cruise that SoftBank beforehand had dedicated, according to an annual report filed with the U.S. Securities and Trade Fee. In the filing, GM reported it produced “additional investments in Cruise of $1.1 billion”…