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California to fine GM's unit Cruise for delaying report on San Francisco accident [Yahoo! Finance]
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promptly provide complete information to the commission about an accident involving one of its self-driving vehicles last year. Cruise did not immediately respond to a Reuters request for comment. WHY IT'S IMPORTANT Cruise along with other self-driving vehicle companies like Alphabet's Waymo and Amazon's Zoox have come under heavy scrutiny from regulators arising out of safety concerns due to multiple crashes involving their vehicles. BY THE NUMBERS Cruise will pay the maximum penalty allowable by the California Public Utilities Commission (CPUC), totaling $112,500, which equates to a $7,500 fine for each of the 15 days during which Cruise withheld information about the incident, the regulator said. Cruise will also provide "collision reports" to the CPUC and the National Highway Traffic Safety Administration (NHTSA) for collisions occurring in California. CONTEXT The decision from the CPUC comes a few months after Cruise had raised its offer to resolve a probe by the
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