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home / articles / gm s cruise av industry under scrutiny in california mwn benzinga


AUTO - GM's Cruise AV Industry Under Scrutiny In California As Driverless Vehicle Reps Attend Hearing | Benzinga

With its fleet of robotaxis currently parked following an accident with a pedestrian in October, can Cruise, the autonomous vehicle (AV) operator, recover the reputational damage the incident has caused — not just for the GM (NYSE:GM)-owned company, but for all operators of AVs?

This is what GM is concerned with ahead of a Tuesday hearing held by state regulators regarding the company’s failure to disclose details of the October incident.

Also Read: Uber, Lyft Can Hitch A Ride Higher If Q4 Earnings Beat Wall Street Estimates

According to Reuters, the California Public Utilities Commission is holding the hearing as part of an investigation into GM’s failure to disclose details of an accident involving a self-driving car.

On Oct. 2, a Cruise AV hit a pedestrian who was thrown into its path by ...

Full story available on Benzinga.com

Stock Information

Company Name: AutoWeb Inc.
Stock Symbol: AUTO
Market: NASDAQ
Website: autoweb.com

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