GM's Cruise Issues Recall for 950 Autonomous Systems Over San Francisco October Accident
Portfolio Pulse from Anan Ashraf
General Motors' autonomous vehicle subsidiary, Cruise, has issued a recall for a subsystem within 950 of its automated driving systems due to its role in a recent accident. The subsystem may cause the autonomous vehicle to pull over when it should remain stationary. This issue was identified following an incident on Oct. 2, 2023, where a Cruise AV made contact with a pedestrian.
November 08, 2023 | 9:32 am
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General Motors' Cruise has issued a recall for a subsystem in 950 of its autonomous vehicles due to a malfunction that was identified in a recent accident. This could potentially impact GM's reputation and financials.
The recall of a subsystem in 950 autonomous vehicles by GM's Cruise could potentially lead to financial losses due to the costs associated with the recall. Additionally, this could harm GM's reputation in the autonomous vehicle market, which could potentially impact its stock price negatively in the short term.
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