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RE: LeoThread 2024-01-31 06:06

in LeoFinance • 10 months ago

🧵 1. General Motors plans to cut spending by $1 billion on Cruise, its robotaxi unit, in 2024 amid investigations into a pedestrian accident and revoked permits. @GM #business

10 months ago in LeoFinance by
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     10 months ago  

    🧵 2. CEO Mary Barra affirms commitment to Cruise, saying they will "refocus and relaunch." Cruise burned $1.9 billion in cash last year. @GM

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       10 months ago  

      🧵 3. Cruise offers $75k settlement to California regulator, stating they have taken extensive remedial actions after the accident. @CruiseGlobal

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