A self-driving GM Bolt EV is seen during a media event where Cruise, GM’s autonomous car unit, showed off its self-driving cars in San Francisco, California, U.S. November 28, 2017. REUTERS/Elijah Nouvelage Acquire Licensing Rights
NEW YORK, Nov 21 (Reuters Breakingviews) – For a while, General Motors’ (GM.N) bet on robo-taxi startup Cruise held the promise of creating a serious challenge to electric-car leader Tesla (TSLA.O). If there were any question about whether that’s still true, the departure of Cruise’s co-founders, and the suspension of its self-driving service, point to an answer in the negative.
Automotive giant GM acquired Cruise in 2016, subsequently bringing on investors including SoftBank’s (9984.T) Vision Fund, Honda Motor (7267.T) and Microsoft (MSFT.O). Even as autonomous-driving efforts at Uber Technologies (UBER.N) or Ford Motor (F.N) fizzled, Cruise progressed from offering limited rides in San Francisco to all-day, no-human-in-the-car service. That stopped in October, after a Cruise vehicle ran over a pedestrian who had been struck by another car. California pulled Cruise’s license, claiming the company withheld evidence. A business pushing risky, nascent technology lives and dies on its relationship with regulators.
For that reason, the departure of co-founders Kyle Vogt and Daniel Kan – within a day of each other – has some logic. The question is whether GM’s autonomous division has enough momentum to recover from that loss. Recent drama at OpenAI shows how bad a leadership schism can get. After the artificial intelligence firm’s leader Sam Altman was fired, droves of employees threatened to quit. Similarly, when Tesla boss Elon Musk seemed distracted by efforts elsewhere, shareholders made their consternation clear.
GM boss Mary Barra hasn’t given up on Cruise yet, though the signs aren’t great. She has brought in an external law firm to review its processes and controls, among other things. Cruise has nine months of cash left, SoftBank has already sold out, and Honda says it will not put more money in. Layoffs have begun. The silver lining is that the $38 billion parent company trades at just under 12 times operating profit – a lower multiple than Ford. In other words, investors seemingly weren’t taking GM’s unlucky robo-taxi moonshot seriously anyway.
Follow @JMAGuilford on X
(The author is a Reuters Breakingviews columnist. The opinions expressed are their own.)
CONTEXT NEWS
Daniel Kan, co-founder and chief product officer of General Motors’ autonomous taxi business Cruise, resigned from the company on Nov. 20, Reuters reported. A day earlier his fellow co-founder and Cruise Chief Executive Officer Kyle Vogt also stepped down.
General Motors halted Cruise’s operations on Oct. 26 following an accident earlier in the month, when a pedestrian struck by a human-driven car collided with a Cruise vehicle.
The U.S. National Highway Traffic Safety Administration has opened a safety report into Cruise following reports of crashes as a result of quick braking by autonomous vehicles. California’s Department of Motor Vehicles suspended Cruise’s autonomous license in the state on Oct. 24, saying that the company had “misrepresented” the safety of its technology.
Editing by John Foley and Sharon Lam
Our Standards: The Thomson Reuters Trust Principles.
Opinions expressed are those of the author. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.
GM’s driverless ride heads into a ditch
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diagnóstico de vibraciones
Dispositivos de ajuste: fundamental para el operación fluido y productivo de las equipos.
En el campo de la tecnología moderna, donde la efectividad y la fiabilidad del dispositivo son de gran trascendencia, los sistemas de calibración juegan un función vital. Estos equipos dedicados están desarrollados para calibrar y asegurar componentes dinámicas, ya sea en maquinaria productiva, vehículos de desplazamiento o incluso en equipos domésticos.
Para los técnicos en conservación de equipos y los profesionales, operar con aparatos de ajuste es importante para proteger el desempeño suave y fiable de cualquier sistema dinámico. Gracias a estas soluciones innovadoras modernas, es posible minimizar sustancialmente las vibraciones, el ruido y la presión sobre los soportes, aumentando la duración de piezas costosos.
Asimismo relevante es el rol que desempeñan los dispositivos de calibración en la atención al cliente. El soporte experto y el soporte continuo usando estos sistemas habilitan proporcionar soluciones de óptima excelencia, aumentando la satisfacción de los compradores.
Para los dueños de empresas, la contribución en sistemas de ajuste y medidores puede ser importante para incrementar la efectividad y eficiencia de sus dispositivos. Esto es especialmente trascendental para los dueños de negocios que administran modestas y intermedias negocios, donde cada detalle cuenta.
También, los dispositivos de balanceo tienen una amplia utilización en el ámbito de la prevención y el control de calidad. Posibilitan detectar eventuales errores, impidiendo mantenimientos onerosas y averías a los equipos. Más aún, los datos recopilados de estos aparatos pueden emplearse para perfeccionar procedimientos y mejorar la visibilidad en motores de investigación.
Las sectores de implementación de los equipos de equilibrado cubren variadas industrias, desde la producción de transporte personal hasta el seguimiento del medio ambiente. No importa si se trata de enormes producciones productivas o limitados espacios hogareños, los aparatos de balanceo son indispensables para asegurar un operación eficiente y sin riesgo de fallos.