General Motors Injects $850 Million Into Struggling Robotaxi Unit Cruise
GM has already lost over $8 billion on self-driving technology that led to a tragic incident in San Francisco.
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GM has already lost over $8 billion on self-driving technology that led to a tragic incident in San Francisco.
In recent interviews with The New York Times, the three executives now running Cruise say they are in no rush to get back on the road. After learning the hard way about the risks of moving too fast with a cutting-edge technology, Cruise has slowed its breakneck development to a crawl to avoid another major mishap.
General Motors CEO Mary Barra's total compensation in 2023 fell 4% to $27.8 million, the largest U.S. automaker said Wednesday. The Detroit automaker also said GM President Mark...
In a government filing, GM released the total compensation that its top executives received in 2023 and makes changes to how it awards future pay.
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