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Posted in Autonomous Vehicle, Cruise, GM, Transportation
GM to slash spending at Cruise by ‘hundreds of millions of dollars’
GoodayfriendsGM 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” ...
Posted in BrightDrop, EV, GM, Transportation
GM absorbs commercial EV unit BrightDrop, CEO is out
GoodayfriendsBrightDrop, the commercial EV subsidiary of General Motors that launched in 2021, is being swallowed up by its parent company. GM said Thursday that BrightDrop — a “startup” that spun out of the automaker’s Global Innovation organization to become a ...