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 […]
GM shutting down car share subsidiary
General Motors has decided to shut its Maven car sharing business, with the coronavirus crisis the final straw for the idea. Business Insider reports that Maven had been under stress since last year, when it cut the number of cities it operated in, leaving large markets such as Boston and Chicago. It lost its CEO […]
