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GM's Cruise Eyes Year-End Return for Driverless Vehicles Amid Losses

General Motors is working to resume its autonomous vehicle operations despite financial setbacks and regulatory challenges.

  • Cruise, GM's autonomous vehicle unit, has resumed limited driverless testing in Houston with safety drivers still present in passenger seats.
  • The company halted operations last year following a serious accident in San Francisco, which led to increased regulatory scrutiny.
  • GM reported a $435 million loss for Cruise in Q3 2024, an improvement from the $791 million loss in the same period the previous year.
  • CEO Mary Barra emphasized the company's commitment to autonomous vehicles, focusing on improving technology and cost efficiency.
  • GM plans to explore partnerships to support Cruise's funding model, aiming to manage investments more effectively.
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