GM's former president is now running the self-driving-car company Cruise. He says it's time to move past the automobile.

Former GM President Dan Ammann, now CEO of the self-driving-car company Cruise, wrote an extraordinary Medium post in which he argued that it's time to move past the automobile. Cruise was bought by GM in 2016 for an all-in price of $1 billion; the now-standalone company has received subsequent investment from SoftBank and Honda and is now worth almost $20 billion. Cruise is currently testing its autonomous vehicles and ride-hailing technology.

Former GM President Dan Ammann, now CEO of the self-driving-car company Cruise, wrote an extraordinary Medium post in which he argued that it's time to move past the automobile. Cruise was bought by GM in 2016 for an all-in price of $1 billion; the now-standalone company has received subsequent investment from SoftBank and Honda and is now worth almost $20 billion. Cruise is currently testing its autonomous vehicles and ride-hailing technology.

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