GM expects to save up to $1 billion on Cruise costs

General Motors expects to save up to $1 billion annually by ending its Cruise robotaxi development program, CEO and Chair Mary Barra said Tuesday during the company’s earnings call.  The estimate comes nearly two months after the automaker said it would no longer fund Cruise, its self-driving subsidiary that aimed to commercialize robotaxis. “GM has […] © 2024 TechCrunch. All rights reserved. For personal use only.

Jan 29, 2025 - 01:00
GM expects to save up to $1 billion on Cruise costs

General Motors expects to save up to $1 billion annually by ending its Cruise robotaxi development program, CEO and Chair Mary Barra said Tuesday during the company’s earnings call.  The estimate comes nearly two months after the automaker said it would no longer fund Cruise, its self-driving subsidiary that aimed to commercialize robotaxis. “GM has […]

© 2024 TechCrunch. All rights reserved. For personal use only.

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