Cruise gets new CEO to rebuild robotaxi effort after safety reset

• Earlier this month, GM said it will invest another $850 million into Cruise to fund operations for the next year or so.

Between the lines: Whitten has no experience in autos or robotics, but is viewed as an expert in scaling technology products.

• Cruise's autonomous efforts will continue to be led by Mo Elshenawy, Cruise's co-president and chief technology officer.
• Former GM policy chief Craig Glidden will focus on rebuilding trust with regulators and the public as co-president and chief administrative officer.
• Both will report to Whitten, as will Steve Kenner, Cruise's chief safety officer.

What they're saying: "Marc is a proven technology and business leader with extensive experience in scaling products and building ecosystems around them," said GM CEO Mary Barra.

• "He has sparked innovation and driven growth in complex, fast-paced environments throughout his career, and I believe that will prove crucial to Cruise's vision of creating technology that provides real, tangible benefits to society."

The bottom line: The capital infusion from GM and the hiring of Whitten as a permanent CEO are signs that GM is not giving up on Cruise, despite its recent troubles.