Mary Barra still thinks GM will make an AV with no steering wheel

Core Insights - General Motors CEO Mary Barra remains optimistic about the future of autonomous vehicles, specifically a model without steering wheels and pedals, despite the cancellation of the Origin project [1][2] - The decision to cancel the Origin was influenced by the challenges in changing Federal Motor Vehicle Safety Standards (FMVSS) and the difficulty in passing new legislation [2] - GM incurred a $583 million charge due to the cancellation of the Origin, which was initially projected to be produced in the tens of thousands [2] Company Perspective - Barra has been working on autonomous vehicle initiatives for approximately six to seven years, indicating a long-term commitment to the technology [2] - The company still envisions a future where consumers will purchase personal autonomous vehicles, emphasizing the need to observe how technology is adopted by consumers [2] - The timeline for the advancement of autonomous vehicle technology has been slower than anticipated, with expectations from 2016-2017 being overly optimistic [3]