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Added on the 01/07/2012 19:45:23 - Copyright : Auto Moto EN
Honda and Toyota unveiled some rad new sports concepts at the Tokyo Motor Show on Wednesday. Honda's sleek Sports EV puts a retro twist on modern electric sports vehicles. Toyota unveiled a targa top speedster called the GR HV Sports Concept. The new concepts may signify a deeper design shift for the Japanese auto giants, with a greater focus on electric and hybrid vehicles potentially coming in the near future.
General Motors gained as much as 8.9% to a record high on Tuesday. The gain comes on news that its autonomous vehicle subsidiary, Cruise, is receiving a large investment from Microsoft. Microsoft joins a number of companies in a $2 billion funding round for Cruise. Tuesday's price is a record-high for GM since it emerged from bankruptcy at the end of the Great Recession. The partnership will accelerate the commercialization of self-driving vehicles. It brings together the two companies' software and hardware engineering expertise, cloud computing capabilities, and manufacturing knowledge.
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