General Motors is reported to be planning to reduce the amount it spends on its driverless vehicle division, Cruise.
The Financial Times reports it announce a cut in the budget after it suspended testing of its driverless taxis following a crash involving a pedestrian in San Francisco.
It says GM currently spends about $700 million a quarter on Cruise.
Cruise’s co-founder and CEO Kyle Vogt stepped down after the suspension.
(Picture – Cruise)
