General Motors Scraps Cruise Robotaxi Program

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General Motors Scraps Cruise Robotaxi Program

//automotive-transportation.news-articles.net/co .. neral-motors-scraps-cruise-robotaxi-program.html

Published in Automotive and Transportation on Wednesday, December 11th 2024 at 18:01 GMT by Wall Street Journal
^{🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source}

Carmaker cites competition, time and costs needed to scale the business.

General Motors has decided to significantly scale back its Cruise robotaxi program, which was once valued at $30 billion, following a series of operational setbacks and safety concerns. The company is cutting jobs, reducing spending, and halting the expansion of its driverless taxi service outside of its current testing grounds in San Francisco, Austin, and Phoenix. This decision comes after Cruise faced regulatory scrutiny and public backlash, particularly after an incident where one of its autonomous vehicles was involved in an accident with a pedestrian. The program's future now hinges on regaining public trust and proving the safety and reliability of its technology, with plans to relaunch in one city initially before considering broader expansion.

Read the Full Wall Street Journal Article at:
[ https://www.wsj.com/business/autos/general-motors-scraps-cruise-robotaxi-program-ea3298a8 ]