GM Chair and CEO Mary Barra reiterated Wednesday plans for Cruise to be more “deliberate” when operations eventually resume at the troubled self-driving vehicle subsidiary. For GM, that will include slashing spending at Cruise “by hundreds of millions of dollars” ...
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Posted in Cruise, robotaxi, Transportation
Bruised Cruise shifts gears in scaled-down robotaxi comeback plan
GoodayfriendsCruise executives are taking a measured business approach that preserves cash and improves safety culture in an attempt to put GM’s troubled autonomous vehicle subsidiary on the right path. The first steps in this rebuilding plan, which includes pausing production ...
Posted in Cruise, Kyle Vogt, Transportation
Cruise co-founder and CEO Kyle Vogt resigns
GoodayfriendsKyle Vogt, the serial entrepreneur who co-founded and led Cruise from a startup in a garage through its acquisition and ownership by General Motors, has resigned, according to an email sent to employees Sunday evening. In another email, also viewed ...
Posted in Cruise, EV, The Station, Transportation
Cruise’s mea culpa and everything that stood out at the LA Auto Show
GoodayfriendsThe Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive the newsletter every weekend in your inbox. Subscribe for free. Welcome back to The Station, your central hub for all past, ...