GM Halving Spending On Cruise Self-Driving Cars In 2024, Report Says—Will ‘Relaunch And Refocus' Unit
ToplineGeneral Motors will halve its spending on Cruise—its self-driving car unit that faced criticism after a robotaxi dragged a pedestrian 20 feet in California last October—reducing it by around $1 billion, Reuters reported Tuesday.General Motors CEO Mary Barra said the company will continue to invest in people advancing Cruise’s ... [+] software, hardware and AI capabilities. (Photo by Smith Collection/Gado/Getty Images)Getty Images Key FactsGM CEO Mary Barra said the company’s “priorities and commitmen ...