General Motors Electric Car

While GM will still develop autonomous technology, it's a big retrench for the company

In 2022, GM filed a petition with the National Highway Traffic Safety Administration seeking permission to deploy up to 2,500 self-driving Origin vehicles annually without human controls

The company has been focusing its comeback plan on Texas, which has relatively liberal regulation for companies that seek to operate autonomous vehicles in the state

General Motors' Cruise autonomous vehicle unit is recalling all 950 of its cars to update software after it dragged a pedestrian to the side of a San Francisco street in early October. The company said in documents posted by US safety regulators on Wednesday that with the updated software, Cruise vehicles will now remain stationary in similar cases. The Oct 2 crash forced Cruise to suspend driverless operations nationwide after California regulators found that its cars posed a danger to public safety. The California Department of Motor Vehicles revoked the license for Cruise, which was transporting passengers without human drivers throughout San Francisco. In the crash, a human driven vehicle hit a pedestrian, sending the person into the path of a Cruise autonomous vehicle. The Cruise initially stopped, but then pulled to the right to get out of traffic, pulling the person about 20 feet (six metres) forward. Cruise says in documents that it already has updated software in test ...

GM shares closed down 2.6 per cent at $36.69 in New York trading on Tuesday

Electric vehicle specialist Tesla Inc has been struggling to launch its more affordable electric cars and recently reported its largest-ever quarterly loss