this post was submitted on 14 Dec 2023
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City Life

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[–] autotldr@lemmings.world 2 points 11 months ago

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Click here to see the summaryAfter the incident, the California Department of Motor Vehicles suspended Cruise’s permit to operate driverless cars in the state.

In response, several top executives have left the company, including co-founder and CEO Kyle Vogt and chief product officer Dan Kan. Nine more executive were dismissed yesterday, including chief legal and policy officer Jeff Bleich and senior vice president of government affairs David Estrada.

The company will also “prioritize” the Chevy Bolt platform it uses for its fleet, indicating that production of its Origin shuttle without steering wheel and pedals will remain indefinitely paused.

The company has scored some significant victories in recent months, including a vote in California to allow it to operate its driverless robotaxi service 24/7 — only to see most of that progress evaporate after a series of errors have exposed major problems with Cruise’s management.

The company issued a voluntary recall of all 950 Cruise vehicles earlier this month to update the software to prevent similar incidents in the future.

In a recent call with investors, the automaker didn’t share specific cash reductions, but chief financial officer Paul Jacobson said it would likely amount to “hundreds of millions” of dollars.


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