GM’s boss promises company will make money from driverless division

The Chief Executive of General Motors says that the company will “unlock the value” of its autonomous subsidiary Cruise, “once it can deploy its technology”.

The Detroit News quotes Barra in a Automotive Press Association webinar saying the deployment will be “quicker than most people think” based on the technology advancements she’s witnessed from the Cruise team. Barra also said the company sees “huge opportunities” for both cargo delivery and moving people around with autonomous vehicles. The report adds that experts have said companies will likely switch to focus first on cargo delivery because of the social distancing trend brought on by the coronavirus to help stop the spread.

GM and Cruise have been “working and steadily making progress on our technology milestones to achieve driving that is safer than a human, and we are on that path,” Detroit News quotes Barra as saying during an annual shareholder meeting. “I think the way we will unlock that value is by demonstrating that we have successfully developed that technology … I think you will see us doing that in the not too distant future that we’ll unlock that value.”


Related Stories


All the latest highways news direct to your inbox every week day

Subscribe now

This website uses cookies to ensure you get the best experience on our website.