UPDATED: 6/15/18 5:54 pm ET - adds details

GM exploring strategic options, possible spin-off of Cruise unit

GM has begun researching strategic options for Cruise Automation that include a public sale of shares, listing a separate tracking stock, or spinning off the unit, Bloomberg reported, citing people familiar with the matter. GM won't make a decision until Cruise is further along in development and may not take any action for a couple of years, if at all.

UPDATED: 6/15/18 5:54 pm ET - adds details

BMW 8 series returns with all-wheel drive

BMW is reintroducing the 8-series coupe, the first new 8 series in 20 years, in the U.S. late this year with the 2019 M850i xDrive all-wheel drive variant.

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