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Today: April 09, 2025
Today: April 09, 2025

Exclusive-GM's Cruise CEO offers apology, will allow share sales - email

FILE PHOTO: A Cruise self-driving car, which is owned by General Motors Corp, is seen outside the company’s headquarters in San Francisco
April 26, 2024

By Greg Bensinger and Hyunjoo Jin

SAN FRANCISCO (Reuters) - The CEO of Cruise, General Motors’ robot taxi unit, on Saturday apologized for the company's situation following an accident that led to the pause of its self-driving vehicle operations.

In an email to staff seen by Reuters, Cruise CEO Kyle Vogt said the firm will make a new tender offer to allow employees to sell shares, just two days after cancelling its earlier offer.

(Reporting by Greg Bensinger and Hyunjoo Jin; Editing by Cynthia Osterman)

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