Stock Market News
GM’s cruise CEO resigns from company – email
2023.11.19 21:59
© Reuters. FILE PHOTO: Kyle Vogt, chief technology officer, president & co-founder of Cruise, a Honda and General Motors self-driving car partnership, speaks on stage at the launch of the Cruise Origin autonomous vehicle in San Francisco, California, U.S. January 21
By Greg Bensinger
-The CEO of General Motors (NYSE:)’ robot-taxi unit Cruise, Kyle Vogt, has resigned from the company a day after apologizing to staff as the company undergoes a safety review of its U.S. fleet.
Vogt, 38, offered little in the way of explanation, stating simply “I have resigned from my position,” according to his email to staff viewed by Reuters on Sunday.
“The last 10 years have been amazing, and I’m grateful to everyone who helped Cruise along the way,” he wrote in the email.
Cruise this month pulled all of its vehicles from testing in the U.S. to conduct a safety review after an Oct. 2 accident that involved another vehicle and ended up with one of Cruise’s self-driving taxis dragging a pedestrian.
