GM’s (GM) Cruise LLC Completes 250K Driverless Miles
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Price: $85.62 -0.58%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.9%
Revenue Growth %: +0.3%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.9%
Revenue Growth %: +0.3%
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General Motors (NYSE: GM) announced that as of August 1st, Cruise LLC has now completed over a quarter of a million driverless miles and thousands of driverless rides in San Francisco.
Cruise LLC has been open to the public since February 1st. Later that same month, Kyle Vogt was officially named CEO. On June 2, 2022, Cruise received California's first Driverless Deployment Permit, allowing it to charge fees for its service.
By Michael Elkins
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