G.M. to Cut Spending on Cruise Self-Driving Unit
General Motors will “substantially lower spending” on autonomous vehicle efforts in 2024 after accidents with its self-driving taxis in San Francisco.
Source: nytimes.com
Page 13 - Dan Kan News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from Dan Kan. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In Dan Kan Today - Breaking & Trending Today
GM wants you to know that it's also unhappy with the slow pace of its EV business
GM is slashing costs on its robotaxi business, Cruise, while also tackling a slowdown in its EV business and investor concerns about increased labor costs. In short, the biggest automaker in North America is dealing with a lot.
Source: theverge.com
REVEALED: UAW strike cost General Motors $1.1 BILLION - and will cut spending, including on EVs and at Cruise, to absorb costs of new contract
In order to cut costs following the United Auto Workers strike, General Motors will slowdown spending on its self driving vehicle unit, Cruise. GM said the strike costs the company $1.1 billion.
Source: dailymail.co.uk
GM Will Slash Spending On Robotaxi Unit Cruise Amid Safety Concerns
Chief executive Marry Barra said the company “must rebuild trust” with regulators.
Source: forbes.com
Not exactly a happy Cruise: General Motors' robo taxis face financial roadblock
General Motors is looking to change the direction of its Cruise robot taxi subsidiary before the company goes off a cliff.
Source: washingtontimes.com