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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,...
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 the California Department of Motor Vehicles revoked its permit to operate driverless vehicles.
General Motors is halving spending on its driverless robotaxi unit Cruise amid investigations into the unit after an October accident involving a pedestrian.
After a Cruise vehicle dragged a woman 20 feet, a bad internet connection obscured details for government officials.
The City of San Francisco is suing California regulators over their decision to allow Waymo to increase its...