GM to halve spending on troubled robotaxi unit Cruise in 2024

General Motors (GM.N), said it is cutting spending in half on troubled robotaxi unit Cruise, or by about $1 billion in 2024, but said it remains committed to the self-driving project.

https://www.reuters.com/business/autos-transportation/gm-halve-spending-troubled-robotaxi-unit-cruise-2024-2024-01-30/