GM's Mary Barra Says Cruise Could Generate $50 Billion In Revenue Each Year | Carscoops

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GM's Mary Barra Says Cruise Could Generate $50 Billion In Revenue Each Year | Carscoops
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GM chief executive Mary Barra made the proclamation despite Cruise currently costing it $2 billion a year car auto cars

using Cruise to introduce personal self-driving cars to the market by the end of the decade, it will be able to generate significant revenues by expanding out of the United States into markets including Dubai and Japan, while also growing into goods delivery services.notes that GM is losing approximately $2 billion a year on Cruise. Despite this, it recently expanded beyond its base in San Francisco to cities in Arizona and Texas.

GM has also petitioned the National Highway Traffic Safety Administration to give it the green light to introduce 2,500 examples of the fully-autonomous Origin test vehicle that doesn’t have a steering wheel or pedals.Barra also spoke about electric vehicles during the conference.

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