GM's Cruise to pay $1.5M fine over self-driving crashes - Breaking The News
Download our appPlay StoreApp Store

GM's Cruise to pay $1.5M fine over self-driving crashes

EPA-EFE/JOHN G. MABANGLO

General Motors' subsidiary Cruise will pay a $1.5 million fine over incomplete reports about crashes involving its self-driving cars, the United States National Highway Traffic Safety Administration (NHTSA) announced on Monday.

The company will also be required to provide the NHTSA with " a corrective action plan on how it will improve its compliance" with the NHTSA's Standing General Order that requires crash reports within specified timeframes based on the severity of a crash.

"NHTSA is using its enforcement authority to ensure operators and manufacturers comply with all legal obligations and work to protect all road users," the regulator's Deputy Administrator Sophie Shulman said.

Related Stocks
General Motors
Related News
Trump may relieve US carmakers of some tariffs
United States President Donald Trump is considering exempting car parts from some of his tariffs, amid lobbying from the American carmakers, the Financial Times reported on Wednesday, citing two people familiar with the matter.According to the report, the US president's exemption would prevent car parts from being affected by the 20% Fentanyl trade duty imposed on Chinese electronics and the 25% levy on global imports of steel and aluminum. However,...
Xiaomi said to build EV research center in Germany
Tech giant Xiaomi from China intends to establish a research and development facility in Munich, Germany, dedicated to electric vehicle development, Nikkei Asia reported on Wednesday.When contacted by the outlet, a Xiaomi representative confirmed ongoing facility plans but withheld specific information.The company plans to expand its EV sales beyond Chinese borders by 2027, the report added.
Fitch downgrades 2025 global auto outlook over US tariffs
Fitch Ratings revised its 2025 global automotive sector outlook to "deteriorating" from "neutral" on Wednesday, citing US tariffs on imported vehicles imposed on March 26. The agency warns that these tariffs are likely to trigger "production cuts and increased costs, potentially driving issuers' profitability and FCF (free cash flow) margins below rating sensitivities in the short term.""The relative strength of the US and Chinese automotive markets, which...
Volkswagen to adjust production in China
The Volkswagen Group CEO said on Wednesday in Shanghai that the German carmaker will have to adjust production size in China as a "highly competitive market" intensifies."We have enormous capacity in China from the past. It will be a similar process to what we went through in Germany," Oliver Blume said, referring to the union deal from December 2024, when 35,000 jobs were cut, and around 730,000 units were reduced.Volkswagen is still the leading foreign...

Please observe our Terms of Use. The price information is time delayed to varying extents, but as a rule by 15 minutes or more, according to the regulations of the selected stock exchange and/or licensors and the type of securities.

© 2025 TeleTrader Software GmbH. All rights reserved

This website uses cookies to ensure you get the best experience. Our Terms of Use and Data Protection Policy explain the data we collect, why we collect them, and how we may share them.