GM’s big bet on driverless cars turns sour

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GM’s big bet on driverless cars turns sour
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GM’s bet on driverless cars is looking more shaky after Cruise CEO Kyle Vogt resigned. The company has been more bullish on autonomous cars than many of its rivals.

Two years ago, General Motors presented a vision for the future that involved “zero crashes, zero traffic, and zero emissions.” Today, that future seems further away than ever. The automaker’s driverless car subsidiary, Cruise, announced last night the resignation of Kyle Vogt as CEO. The decision came over a month after an incident in which a hit-and-run victim became pinned under a Cruise vehicle and then was dragged 20 feet to the side of the road.

'But Cruise’s struggles are unique to GM' Initially, that means taking more of a direct hand in Cruise’s operation. Barra reportedly told employees that GM general counsel Craig Glidden will serve as Cruise’s co-president alongside Mo Elshenawy, who will also become chief technology officer. Former Tesla president Jon McNeill, who’s been a board member at GM for several years, was named vice chairman of the Cruise board alongside Barra.

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