General Motors stock falls after autonomous-driving leader's departure announced

1 year ago 244
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The main enforcement of Cruise, the autonomous-driving-focused conception owned by General Motors Co. GM, -0.38%, is leaving the company, the car shaper said Thursday afternoon. Dan Ammann, who came connected arsenic CEO of Cruise successful 2019, volition beryllium replaced connected an interim ground by Cruise's president and main exertion officer, Kyle Vogt, according to an announcement issued by GM connected Thursday afternoon. Wesley Bush, the erstwhile main enforcement of Northrup Grumman Corp. and a GM committee member, was besides named to the Cruise committee connected Thursday. Shares fell much than 3% successful after-hours trading Thursday pursuing the announcement.

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