RPV - GM's Cruise Fined $112500 By California Over Self-Driving Car Crash: Report | Benzinga
General Motors Co. (NYSE:GM) is reportedly facing the maximum fine from California regulators due to delayed reporting of an accident involving one of its Cruise self-driving vehicles.
The incident has prompted increased scrutiny of autonomous vehicle safety, leading to a $112,500 penalty for the automaker, reported Reuters.
Cruise failed to provide timely information to the California Public Utilities Commission (CPUC) about an accident involving one of its vehicles last year.
The fine amounts to $7,500 for each of the 15 days the company withheld the information. Alongside other autonomous vehicle companies like Alphabet Inc’s (NASDAQ:GOOGL) Waymo and Amazon.com Inc’s (NASDAQ:AMZN) Zoox, Cruise has faced significant regulatory scrutiny due to safety concerns and multiple ...