GM Slashes Spending on Robotaxi Unit Cruise, in Setback For Driverless Cars
General Motors (GM) will slash spending in its self-driving car unit Cruise, after an accident last month seriously injured a pedestrian and prompted regulators to retract its operating permit for driverless cars in San Francisco. The company announced today that it will “substantially lower” its spending on Cruise next year, according to Mary Barra, GM’s
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