financetom
Business
financetom
/
Business
/
US Auto Safety Regulator Closes Probe Into General Motors' Cruise Over Pedestrian Risks
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
US Auto Safety Regulator Closes Probe Into General Motors' Cruise Over Pedestrian Risks
Jan 15, 2025 8:07 AM

10:39 AM EST, 01/15/2025 (MT Newswires) -- The National Highway Traffic Safety Administration has closed a preliminary evaluation of whether vehicles with an automated driving system that General Motors' ( GM ) Cruise manufactured and operated were taking necessary precautions around pedestrians.

On its website, the auto safety regulator noted Cruise's November 2023 recall to address safety defects, adding that Cruise has since stopped business operations.

In December 2024, GM said it was stopping the development of its Cruise robotaxi program because of "the considerable time and resources that would be needed to scale the business, along with an increasingly competitive robotaxi market."

GM didn't immediately respond to a request for comment from MT Newswires.

Price: 52.44, Change: +1.50, Percent Change: +2.94

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Third Coast Bancshares Appoints Chief Risk and Operations Officer, Chief Legal Officer
Third Coast Bancshares Appoints Chief Risk and Operations Officer, Chief Legal Officer
Mar 4, 2024
05:32 PM EST, 03/04/2024 (MT Newswires) -- Third Coast Bancshares ( TCBX ) said late Monday it named Vicki Alexander as chief risk and operations officer and Liz Eber as chief legal officer, effective Friday. Alexander joined the company as chief compliance and risk officer in September 2022, while Eber joined as head of legal in January 2023. ...
Talos Energy Completes QuarterNorth Energy Acquisition
Talos Energy Completes QuarterNorth Energy Acquisition
Mar 4, 2024
05:32 PM EST, 03/04/2024 (MT Newswires) -- Talos Energy ( TALO ) said late Monday it has completed the acquisition of QuarterNorth Energy. Talos said it has appointed QuarterNorth's designee, Joseph Mills, to its board and plans to update its 2024 operational and financial guidance in the next few days to reflect the acquisition closing time. Price: 12.95, Change: -0.3,...
Slm Insider Sold Shares Worth $1,949,023, According to a Recent SEC Filing
Slm Insider Sold Shares Worth $1,949,023, According to a Recent SEC Filing
Mar 4, 2024
05:32 PM EST, 03/04/2024 (MT Newswires) -- Jonathan Boyles, Senior Vice President & Controller, on February 29, 2024, sold 94,078 shares in Slm (SLM) for $1,949,023. Following the Form 4 filing with the SEC, Boyles has control over a total of 52,751 shares of the company, with 52,751 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1032033/000162828024008587/xslF345X03/wk-form4_1709591227.xml Price: 20.66, Change: -0.36, Percent Change:...
Iqvia Holdings Insider Sold Shares Worth $3,494,034, According to a Recent SEC Filing
Iqvia Holdings Insider Sold Shares Worth $3,494,034, According to a Recent SEC Filing
Mar 4, 2024
05:32 PM EST, 03/04/2024 (MT Newswires) -- W Richard Staub, President, Research & Development Solutions, on February 29, 2024, sold 14,100 shares in Iqvia Holdings ( IQV ) for $3,494,034. Following the Form 4 filing with the SEC, Staub has control over a total of 15,945 shares of the company, with 15,945 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1478242/000147824224000057/xslF345X03/wk-form4_1709591202.xml Price: 251.81,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved