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...General Motors’ Cruise faces probes by numerous federal and state authorities, including the Department of Justice and Securities and Exchange Commission, after an accident that led to the shutdown of driverless...
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...Its market capitalisation topped $85bn, at least $27bn higher than either Ford, General Motors or Fiat Chrysler owner Stellantis....
...Waymo, owned by Google’s parent company Alphabet, and General Motors’ Cruise both want to offer 24-hour taxi services. For now, permissions are limited. Waymo cannot charge for rides....
...Rates charged by General Motors’ Cruise robotaxi service in San Francisco are comparable to rideshare services from the likes of Uber....
...Motors, as he shows visitors around the company’s electric vehicle production line....
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...The test scheme was launched by Cruise, an autonomous vehicle business that is majority owned by General Motors. Like Uber, it has an app that you can use to call a car to meet you....
...But, in San Francisco, close to its headquarters, the tech giant has found itself overtaken by Cruise — a start-up backed by General Motors — in the race to secure the first robotaxi permit for a large US...
...General Motors chief executive Mary Barra, the daughter of a union machinist, comes from a family that has collectively spent more than 80 years working at the company....
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...Traditional US carmakers like General Motors and Ford with established production facilities in place have all been investing heavily in EVs....
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