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

Exclusive: GM’s Cruise CEO offers apology, will allow share sales – email

A Cruise self-driving car, which is owned by General Motors Corp, is seen outside the company’s headquarters in San Francisco where it does most of its testing, in California, U.S., September 26, 2018. Picture taken on September 26, 2018. REUTERS/Heather Somerville/File Photo Acquire Licensing Rights
SAN FRANCISCO, Nov 18 (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
Our Standards: The Thomson Reuters Trust Principles.

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