Tag: Cruise
Independent investigation uncovers systemic issues in GM’s Cruise division
Based on a recent investigation by a third party, regulatory oversights and allegations over cover-ups at General Motors' Cruise autonomous vehicle unit stem from...
Cruise offers $75,000 to settle California agency probe
On January 5, General Motors' Cruise robotaxi division proposed a settlement of $75,000 to resolve an inquiry made by a California regulator regarding the...
GM sues San Francisco over $108 million tax bill linked to...
General Motors filed a lawsuit alleging that San Francisco had unfairly taxed them $108 million over a seven-year period.
According to GM, San Francisco linked...
Cruise fires 9 leaders, lays off 900 employees amidst safety probes
This week, Robotaxi service and General Motors subsidiary Cruise let go of nine leading team members and revealed it would lay off an additional...
GM’s Cruise faces $1.5M in fines for failing to disclose accident...
Cruise, the autonomous robotaxi arm of General Motors, may be subject to fines and other penalties amounting to $1.5 million for concealing information about...
Ford reissues 2023 guidance, reveals $8.8 billion cost of labor deal
In its latest financial update, Ford Motor Company has reissued its 2023 guidance, a month after withdrawing it due to the ongoing labor strikes...
GM reports $1.1 billion hit from UAW strike but raises dividend,...
General Motors (GM) has reported a significant financial impact from the recent six-week strike by autoworkers, with pretax earnings suffering a $1.1 billion loss,...
CEO of GM’s Cruise robotaxi division resigns following series of missteps
Following a series of safety-related investigations, the CEO and co-founder of General Motors' robotaxi division Cruise, Kyle Vogt, announced his resignation on November 19.
Shortly...
California DMV suspends permits for Cruise’s self-driving robotaxis
California's Department of Motor Vehicles (DMV) revealed it suspended General Motors’ permit for autonomous vehicle (AV) deployment and testing, alleging the company "misrepresented" the...
California DMV to investigate Cruise, self-driving taxis after traffic incidents
The California Department of Motor Vehicles (DMV) is conducting an investigation into self-driving vehicles operated by Cruise, a robotaxi brand owned by General Motors.
Although...