Last month, a pedestrian in San Francisco was struck by a hit-and-run driver and thrown into an adjacent lane and was hit a second time by a Cruise robotaxi that was not able to stop in time and then dragged the pedestrian. GM shares fell 1.6% to $27.95 on Wednesday. Cruise lost more than $700 million in the third quarter of this year. GM Chief Executive Mary Barra reiterated in June a forecast Cruise could generate $50 billion in revenue by 2030. The recall is the latest setback for GM's Cruise unit that faces growing questions about its technology that GM says it key to its growth plans.
The cars are being recalled because the collision detection subsystem of the Cruise Automated Driving Systems (ADS) software may respond improperly after a crash, according to a notice made public by the National Highway Traffic Safety Administration (NHTSA) Wednesday. WASHINGTON (Reuters) - Cruise is recalling 950 driverless cars from the roads across the United States following a crash involving one of its robotaxis and will likely issue more recalls, General Motors' self-driving unit said.
