GM Slashes Spending on Robotaxi Unit Cruise, in Setback For Driverless Cars

GM to cut spending on Cruise driverless vehicles by ‘hundreds of millions of dollars’

GM has announced it is massively cutting spending on its Cruise driverless car platform, which had been used to operate robotaxis in California. This comes after a pedestrian collision that forced the state’s DMV to pull Cruise’s driverless permits.

GM to slash spending at Cruise by 'hundreds of millions of dollars'

GM Chair and CEO Mary Barra said the company is committed to self-driving vehicle company Cruise, but spending cuts are coming.

GM Slashes Spending on Robotaxi Unit Cruise, in Setback For Driverless Cars

General Motors said it will scale back ambitions for its self-driving Cruise cars after an accident involving one of its robotaxis last month

GM To Slash Spending On Self-Driving Cruise Unit

GM To Slash Spending On Self-Driving Cruise Unit After a pedestrian accident last month that led the company to suspend its testing - and drew with it a fresh round of government scrutiny - GM is cutting back its investment in its Cruise autonomous driving segment.  The division, which had previously operated under the motto "zero crashes, zero emissions, zero congestion," will detail this week how much it plans on cutting its budget, according …

GM to cut funding for driverless startup Cruise, report says

General Motors will reportedly slash funding for robotaxi startup Cruise, which has suspended road tests of its vehicles after a number of troubling incidents.

GM Reportedly Tightens Purse Strings On Self-Driving Unit Cruise, Raising Concerns Over Long-Term Revenue

GM is expected to reveal the scale of its curtailed investment in the autonomous driving technology on Wednesday, Financial Times reported.