By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
IndebtaIndebta
  • Home
  • News
  • Banking
  • Credit Cards
  • Loans
  • Mortgage
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • Videos
  • More
    • Finance
    • Dept Management
    • Small Business
Notification Show More
Aa
IndebtaIndebta
Aa
  • Banking
  • Credit Cards
  • Loans
  • Dept Management
  • Mortgage
  • Markets
  • Investing
  • Small Business
  • Videos
  • Home
  • News
  • Banking
  • Credit Cards
  • Loans
  • Mortgage
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • Videos
  • More
    • Finance
    • Dept Management
    • Small Business
Follow US
Indebta > News > Self-driving car venture Cruise chief resigns after uproar over accident
News

Self-driving car venture Cruise chief resigns after uproar over accident

News Room
Last updated: 2023/11/20 at 2:22 AM
By News Room
Share
3 Min Read
SHARE

Unlock the Editor’s Digest for free

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.

The co-founder and chief executive of General Motors-owned Cruise has resigned, weeks after the self-driving car company paused driverless operations and California regulators barred its vehicles from the state’s streets.

Cruise said on Sunday that its board had accepted the resignation of Kyle Vogt and the company was working to “strengthen public trust” in the context of heightened concerns about the safety of its cars.

Vogt’s resignation marks the latest setback for the company, coming weeks after California’s Department of Motor Vehicles revoked permits for Cruise to deploy cars on public streets following a highly publicised accident in San Francisco.

The DMV in October accused Cruise of misrepresenting details about the accident, in which a female pedestrian was thrown by another vehicle into the path of one of Cruise’s self-driving cars and then dragged for 20ft underneath it. Cruise said it had “proactively shared” information with authorities shortly after the incident.

Days later, the company announced it would pause all operations of its driverless vehicles, which had also been active in the US cities of Austin, Phoenix and Houston. “Supervised” operations, with safety drivers behind the wheel of vehicles, continued.

The driverless halt was necessary in order for Cruise to “take steps to rebuild public trust” and assess its processes and systems, the company said at the time. The “ongoing reviews” would inform Cruise’s next steps as it worked to “build a better Cruise centred around safety, transparency and trust,” the company said on Sunday.

Vogt wrote on the social media platform X that the “last 10 years have been amazing”. “Cruise is still just getting started, and I believe it has a great future ahead,” he said, adding that he planned to spend time with his family and “explore some new ideas”.

No successor has been named, but Cruise said its executive vice-president of engineering, Mo Elshenawy, would take over immediately as president and chief technology officer. He will work alongside Craig Glidden, who will also serve as president and continue in the role of chief administrative officer.

San Francisco this year became the first US city to allow driverless taxis to transport passengers without restrictions and without the supervision of humans behind the wheel. Rival Waymo’s driverless cars are still a common sight on the city’s roads.

Tesla and Amazon-owned Zoox are also racing to develop driverless vehicle technology. Supporters argue the vehicles can be safer and more reliable than human-driven cars.

Read the full article here

News Room November 20, 2023 November 20, 2023
Share this Article
Facebook Twitter Copy Link Print
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Finance Weekly Newsletter

Join now for the latest news, tips, and analysis about personal finance, credit cards, dept management, and many more from our experts.
Join Now
Why 2026 could be a good setup for stocks, bitcoin slides below $85K

Watch full video on YouTube

Why Everyone’s Suddenly Talking About Private Credit

Watch full video on YouTube

Golden Buying Opportunities: Deeply Undervalued With Potential Upside Catalysts

This article was written byFollowSamuel Smith has a diverse background that includes…

Why the bitcoin sell-off may not be the start of a crypto winter

Watch full video on YouTube

What’s Behind The Unprecedented Growth In CEO Pay In The U.S.

Watch full video on YouTube

- Advertisement -
Ad imageAd image

You Might Also Like

News

Golden Buying Opportunities: Deeply Undervalued With Potential Upside Catalysts

By News Room
News

NewtekOne, Inc. (NEWT) Q4 2025 Earnings Call Transcript

By News Room
News

Tesla lurches into the Musk robotics era

By News Room
News

Keir Starmer meets Xi Jinping in bid to revive strained UK-China ties

By News Room
News

Canadian Pacific Kansas City Limited (CP:CA) Q4 2025 Earnings Call Transcript

By News Room
News

SpaceX weighs June IPO timed to planetary alignment and Elon Musk’s birthday

By News Room
News

Japan’s discount election: why ‘dirt cheap’ shoppers became the key voters

By News Room
News

Logitech International S.A. (LOGI) Q3 2026 Earnings Call Transcript

By News Room
Facebook Twitter Pinterest Youtube Instagram
Company
  • Privacy Policy
  • Terms & Conditions
  • Press Release
  • Contact
  • Advertisement
More Info
  • Newsletter
  • Market Data
  • Credit Cards
  • Videos

Sign Up For Free

Subscribe to our newsletter and don't miss out on our programs, webinars and trainings.

I have read and agree to the terms & conditions
Join Community

2023 © Indepta.com. All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?