GM’s Driverless Taxis Need to Slow Down

Nov. 21, 2023 6:31 am ET

Step on the accelerator with driverless autos and also you scare off regulators and the general public, however hit the brakes and also you lose monetary backers. It gained’t be a simple stability for Cruise to strike because it appears for a route out of in the present day’s disaster.

The autonomous-taxi enterprise 80%-owned by General Motors has misplaced each its co-founders since Sunday, together with Chief Executive Officer Kyle Vogt. The resignations, which capped a tumultuous few weeks because the suspension of Cruise’s autonomous-driving allow by the California Department of Motor Vehicles, may make it simpler to persuade regulators that the enterprise could make a recent begin.

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Source: wsj.com