From Fortune:

General Motors Co. blamed poor leadership for its mishandling of the Cruise robotaxi crisis. A report outlines how executives took an adversarial approach with regulators. Federal prosecutors are now investigating. Cruise halted its fleet after the incident, undercutting CEO Mary Barra’s vision of transformation. The company has pledged to work with investigations and address issues of trust and credibility.

Cruise has admitted to poor leadership and coordination in its handling of the robotaxi incident. The company failed to disclose crucial details of a pedestrian being dragged by one of its cars to regulators. The initial disclosures were also found to be inadequate. California suspended Cruise’s license to operate driverless vehicles following a review of the incident.

Mary Barra acquired Cruise in 2016 with big aspirations for the company. GM hoped to transform the carmaker and compete in the autonomous vehicle market. Cruise received multibillion-dollar investments and was valued at around $30 billion. However, in light of the incident, GM has scaled back its ambitions for Cruise and has implemented new leadership to re-establish the business.



Read more: GM admits to ‘numerous’ failings in Cruise robotaxi saga