"GM's Cruise Under Multiple Investigations Following Pedestrian Collision"
TL;DR
Cruise, the GM self-driving subsidiary, is facing investigations by the Department of Justice and the Securities and Exchange Commission following an incident where a pedestrian was struck and dragged by one of its robotaxis. An internal report by law firm Quinn Emanuel Urquhart & Sullivan revealed poor leadership and mistakes in judgment, leading to the loss of the company's robotaxi permit. The report highlighted a lack of disclosure and missteps by Cruise leadership, as well as a strained relationship with regulators, as contributing factors to the company's problems.
- Cruise reveals DOJ, SEC probes as it releases internal report on pedestrian crash TechCrunch
- Probe into GM's Cruise finds poor leadership, culture issues at center of accident response CNBC
- GM's Cruise Says U.S. Is Investigating Driverless Car's Collision With Pedestrian The Wall Street Journal
- Cruise's animosity to regulators led to California suspension San Francisco Chronicle
- GM's driverless car company Cruise is under investigation by several agencies NPR
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