"Assessing the Future of Robotaxis Amidst Safety Concerns and Industry Setbacks"
General Motors' autonomous vehicle subsidiary, Cruise, has faced significant setbacks, including safety probes, permit suspensions, and leadership changes, leading to a workforce reduction and raising questions about its future. In contrast, Ford scaled back its own autonomous vehicle efforts with Argo AI, focusing on more immediate and profitable driver assistance technologies. Investors are now watching to see if GM's continued investment in Cruise will pay off or if Ford's more conservative approach will prove to be the wiser strategy in the long run.
