GM Halts Production of Cruise Origin Autonomous Vehicle
Shift to Next-Gen Chevrolet Bolt Aims to Reduce Costs and Address Regulatory Challenges
- Cruise Origin faced regulatory hurdles due to its unique design without steering wheel and pedals.
- GM will focus on the next-generation Chevrolet Bolt for autonomous vehicle development.
- The decision follows a series of incidents and regulatory scrutiny, including a pedestrian accident.
- GM reports a $583 million charge related to the halt in Origin production.
- New leadership at Cruise aims to stabilize and refocus the company's efforts.