Analysts Say GM’s Self-Driving Car Problems Should Be a Warning to Slow Down and Do More Testing

Published on November 21, 2023

It’s been a rough year for GM and its $2.1 billion investment in autonomous vehicle (AV) company Cruise. After one of the cars dragged a pedestrian on a San Francisco street, the California Department of Motor Vehicles revoked Cruise’s license in October. The company then recalled all 950 of its vehicles, and paused operations. This week, Cruise CEO Kyle Vogt resigned, and new questions about the validity and effectiveness of AVs have increased.  In a written statement, Cruise said the recent issues could eventually make it a better company. “The results of our ongoing reviews will inform additional next steps as we work to build a better Cruise centered around safety, transparency and trust,” the company said in a statement. ”We will continue to advance AV technology in service of our mission to make transportation safer, cleaner and more accessible.”...