GM Loses $500 Million on Cruise in Second Quarter as It Begins Charging for Rides

Chris K

Chris K

Chris K
Staff member
Jul 3, 2023
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General Motors has lost lost $500 million (INR value) on Cruise during the second quarter, soon after the company started charging for rides in San Francisco. The company has lost nearly $5 billion since 2018 while working towards building a robotaxi business in San Francisco.

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