Sunday, May 19, 2024
General Motors has filed a lawsuit against San Francisco, alleging excessive taxes and interest since 2016, totaling $108 million and $13 million, respectively. The legal battle focuses on taxes related to GM's self-driving division, Cruise, emphasizing its separate financial structure and disputing the city's assessments.
Kyle Vogt has unexpectedly resigned from his position as CEO of Cruise, the autonomous vehicle subsidiary of General Motors. This departure marks a significant shift for the company. It comes at a time when Cruise is navigating through substantial challenges in the driverless car sector.
