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Stock impact report

Cruise admits to false report in 2023 dragging of San Francisco pedestrian [CBS News]

General Motors Company (GM) 
Last general motors company earnings: 2/5 08:05 am Check Earnings Report
US:NYSE Investor Relations: gm.com/investors/index.html
Company Research Source: CBS News
According to a statement from the U.S. Attorney Northern District of California, the San Francisco-based company entered into a deferred prosecution agreement in which Cruise admits and accepts responsibility. "Companies with self-driving cars that seek to share our roads and crosswalks must be fully truthful in their reports to their regulators," said Martha Boersch, Chief of the Office of the U.S. Attorney's Criminal Division, said in a statement Thursday afternoon. On the night of Oct. 2, 2023 , a woman was struck by a human driver in the crosswalk at Market and Fifth streets and was thrown into the path of the autonomous Cruise vehicle, which ran her over, prosecutors said. The vehicle did not detect the pedestrian and dragged her more than 20 feet as it attempted to pull over to the side of the road. Federal prosecutors said Cruise subsequently filed a report with the National Highway Traffic Safety Administration (NHTSA) describing the incident, but omitted reference to t Show less Read more
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