"US Launches Dual Probes into GM's Cruise Over Grisly Collision and Response"

GM's Cruise self-driving car unit is facing probes from the US Department of Justice and Securities and Exchange Commission following an October collision involving one of its autonomous vehicles. The company has acknowledged a "failure of leadership" and vowed to reform its culture. A report commissioned by Cruise found mistakes in judgment and a lack of understanding of regulatory requirements. The incident led to the firing of executives, the resignation of the CEO, and a quarter of the staff being cut. The company is also facing fines and sanctions for not fully disclosing details of the incident.