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News, Analysis & Perspective on Autonomous Vehicles

GM’s Cruise to focus on cost cuts as it ramps up robotaxis

SAN FRANCISCO, March 6 (Reuters) – General Motors Co’s (GM.N) robotaxi unit Cruise is focusing on cutting costs this year, a top executive said on Monday, as mounting losses in the autonomous vehicle companies have sparked investor concerns and forced some to shut shop.

https://www.reuters.com/business/autos-transportation/gms-cruise-focus-cost-cuts-it-ramps-up-robotaxis-2023-03-07/

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