GM invests $850M in Cruise following robo-taxi suspension
The investment comes as GM struggles with significant financial losses in Cruise, driven by an $8.2 billion deficit since 2017 and a pedestrian accident in 2023
General Motors (GM) has announced an investment of $850 million in Cruise to cover the company's operational costs following the suspension of its robo-taxi service due to an accident involving a pedestrian.
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