RPT-INSIGHT-GM hopes spending on start-ups will make it cool

Newswire

(repeating story that first ran Tuesday without changes to text) * GM Ventures can spend $200 mln in its first 3 years * Funds still modest but symbolically important * Wants to find the next HP-style inventor * VC investing in transport-related areas up in 2011 By Ben Klayman DETROIT, Aug 16 (Reuters) - From an empty auto-parts plant in the heart of Rust Belt America, General Motors Co is out to show the world that the automaker once dismissed as an industrial dinosaur has ...

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