TECH - GM's Cruise Offers $75K Settlement To Wrap Up Regulatory Probe Into San Francisco AV Accident | Benzinga
General Motors Co‘s (NYSE:GM) autonomous driving unit, Cruise, has reportedly proposed a $75,000 settlement to address an ongoing investigation related to an accident involving one of its autonomous vehicles in San Francisco.
What Happened: In December, an administrative law judge and commissioner from the California Public Utilities Commission ordered Cruise to appear at a hearing on Feb. 6. The commission alleges that Cruise failed to provide “complete information” and made “misleading public comments” about the Oct. 2 accident in San Francisco.
However, Cruise has requested a deferral of the hearing, as reported by Reuters, citing a filing. The company, represented by ...