Honda to Invest $2.75 Billion in GM’s Self-Driving Car Unit

The Japanese auto maker will invest $750 million in GM Cruise, followed by another $2 billion over the next 12 years

Honda Motor Co. is investing $750 million in General Motors Co.’s self-driving car unit, with plans to commit an additional $2 billion in the coming years, in an effort to jointly develop a fully autonomous car for mass production.

The partnership comes as auto makers and technology giants scramble to plant stakes in a transportation landscape that is swiftly being reshaped by technology.

Honda...