GM self-driving unit Cruise to pay $1.5 million fine over crash disclosure

WASHINGTON (Reuters) - The National Highway Traffic Safety Administration said Monday that General Motors (NYSE:GM )' self-driving car unit Cruise will pay a $1.5 million fine after it failed to disclose details of a serious October 2023 crash involving a pedestrian.

Under the settlement, Cruise must submit to NHTSA a corrective action plan on how it will improve its compliance with reporting of serious incidents and face enhanced reporting requirements for at least two years.

Source: Investing.com