Spending on the Cruise unit will be cut in half

GM to cut spending on driverless robotaxi unit Cruise in half amid investigations into the unit after an October accident involving a pedestrian. GM is investigating after an accident involving the unit in which a pedestrian was hit by a vehicle. GM to halve spending on its driverless vehicle Cruise amid investigations.

GM’s robotaxi unit Cruise offers money to settle California crash probe. California regulator says company failed to disclose details about pedestrian-involved accident. Cruise is offering to settle investigation by California regulator of failure to disclose information about a pedestrian-in-caused accident.