Cruise faces setbacks with reduced operations, delayed production, and job cuts

Cruise, the self-driving subsidiary of General Motors, has announced that it will not produce any of its Origin self-driving vans in the near future and will substantially scale back its operations. Following a recent accident involving one of its driverless vehicles, Cruise will focus on the Bolt-based Cruise AVs instead. The company plans to reduce operations to just one city once it resumes, but no specific city or timeline has been provided. Cruise will produce a small number of pre-commercial prototypes but will not build production models or prototypes in 2024. The company's permit to operate driverless vehicles has been revoked by the California DMV, and it is facing a federal investigation.