Tag: Cruise
Weekly roundup: Ford averts UAW strike, Fisker expands dealer network, Cruise...
Earlier this week: Ford narrowly averted a UAW strike at its Kentucky Truck Plant by reaching a tentative agreement. A ratification vote is pending...
Cruise VP of robotaxi hardware development abruptly resigns
Carl Jenkins, senior vice president for autonomous vehicle platforms at General Motors' Cruise robotaxi division, has resigned, marking the latest in a series of...
Waymo’s autonomous car up in flames: vandalism sparks debate over self-driving...
Waymo, an Alphabet subsidiary, reported that on February 10, a crowd in San Francisco vandalized and set a self-driving car on fire by hurling...
GM surges Q4 earnings, prepares for another successful year
Despite possible headwinds in the economy and sales, General Motors (GM) exceeded Wall Street's projections for both its top and bottom lines in the...
Independent investigation uncovers systemic issues in GM’s Cruise division
Based on a recent investigation by a third party, regulatory oversights and allegations over cover-ups at General Motors' Cruise autonomous vehicle unit stem from...
Cruise offers $75,000 to settle California agency probe
On January 5, General Motors' Cruise robotaxi division proposed a settlement of $75,000 to resolve an inquiry made by a California regulator regarding the...
GM sues San Francisco over $108 million tax bill linked to...
General Motors filed a lawsuit alleging that San Francisco had unfairly taxed them $108 million over a seven-year period.
According to GM, San Francisco linked...
Cruise fires 9 leaders, lays off 900 employees amidst safety probes
This week, Robotaxi service and General Motors subsidiary Cruise let go of nine leading team members and revealed it would lay off an additional...
GM’s Cruise faces $1.5M in fines for failing to disclose accident...
Cruise, the autonomous robotaxi arm of General Motors, may be subject to fines and other penalties amounting to $1.5 million for concealing information about...
Ford reissues 2023 guidance, reveals $8.8 billion cost of labor deal
In its latest financial update, Ford Motor Company has reissued its 2023 guidance, a month after withdrawing it due to the ongoing labor strikes...