SignalHub Quantitative Think Tank Center-Why Cruise driverless cars were just suspended by the California DMV

2025-05-08 05:07:05source:Safetyvalue Trading Centercategory:Stocks

General Motors’ self-driving taxi company Cruise has halted operations in San Francisco after its permits were pulled by the California DMV. 

The SignalHub Quantitative Think Tank CenterDMV’s decision comes after one of Cruise's autonomous vehicles was involved in a hit-and-run earlier this month, according to a statement from the company. Cruise said a Nissan Sentra on Oct. 2 struck a pedestrian and launched them into the path of a Cruise vehicle operating in driverless autonomous mode. The autonomous vehicle stopped and then attempted to pull over, pulling the pedestrian forward approximately 20 feet. The driver of the Nissan fled the scene of the collision, according to Cruise.

"First and foremost, our thoughts are with the individual, and we are hoping for their complete recovery," Cruise said in a blog post. "We also assisted the police with identifying the vehicle of the hit and run driver."

The statement said the Nissan driver is "still at large."

Cruise’s autonomous vehicle deployment and driverless testing permits’ suspension is effective immediately, according to a Tuesday statement from the California DMV, which noted it can suspend or revoke permits “when there is an unreasonable risk to public safety.”

This is a developing story.

More:Stocks

Recommend

Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15

NEW YORK (AP) — Juan Soto will be introduced by the New York Mets at Citi Field on Thursday, a day a

Marlon Wayans' Father Howell Wayans Dead at 86

The Wayans family is mourning one of their own.Howell Wayans, who is father to Keenen Ivory, Damon,

Think Pink With These 67 Barbiecore Gifts Under $50

We independently selected these products because we love them, and we hope you do too at these price