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GM to halve spending on troubled robotaxi unit Cruise in 2024

DETROIT (Reuters) -General Motors said Tuesday it is cutting spending by about $1 billion on troubled robotaxi unit Cruise in 2024, but said it remains committed to the self-driving project. Last week, Cruise disclosed probes by the U.S. Justice Department and the Securities and Exchange Commission stemming from an Oct. 2 accident in San Francisco in which one of its robotaxis struck a pedestrian and dragged her 20 feet (6.1 m). Cruise and GM came under heavy criticism after the accident, and ...
United States Joseph White Dan Kan David Shepardson David Ljunggren Mary Barra
Source: yahoo.com

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Cruise offers $75,000 to end California regulator's probe after self-driving taxi dragged pedestrian

General Motors' Cruise offered $75,000 on Friday to settle a California regulator's investigation following an incident that resulted in a pedestrian being dragged by one of its self-driving vehicles.According to Fox Business, GM's autonomous taxi service unit proposed a settlement offer to resolve ...
United States Dan Kan Kyle Vogt National High Traffic Safety Administration California Public Utilities Commission General Motor Cruise

GM: GM robotaxi unit Cruise offers $75,000 to resolve crash probe

In December, the California Public Utilities Commission ordered Cruise to appear at a Feb. 6 hearing, citing it for misleading the commission "through omission" on the extent and seriousness of the accident and for "misleading public comments" on interactions with the agency.
United States Indian School Dan Kan Kyle Vogt Quinn Emanuel Indian School Of Business

Gm Cruise: GM robotaxi unit Cruise offers USD 75,000 to resolve crash probe, ET Auto

Gm Cruise: Cruise, which has retained law firm Quinn Emanuel to examine its response to the crash, said in a filing on Friday the investigation was expected to be completed with findings made public before Feb. 6. Cruise also offered to boost its reporting of collisions to the commission as part of its settlement offer.
United States Quinn Emanuel Kyle Vogt Dan Kan California Public Utilities Commission Traffic Safety Administration

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