Cars without drivers on San Francisco Street

General Motors (NYSE: GM) Co. will take fully aunotomous cars to the streets of San Francisco, California.

Cruise , GM's drone development division, has received official permission from the California Department of Transportation to operate autonomous vehicles without a driver in an urban environment. Previously, a driver had to be present in the drones to cotrol the vehicle and could take over the steering if necessary.

It is planned that several drones will start testing without drivers in the near future. This makes Cruise the first company to have drones on the streets of a major US city. Befire that, testing of such vehicles was only permitted in small towns.

CEO of Cruise Daniel Ammann has stated: «[cite = 332] Before the end of the year, we will send drones to the streets of San Francisco without gasoline and without a driver driving [/ cite]» . He also added that streets of San Francisco are the starting point for the company, as these are the streets where the company's cars have undergone over 2 million miles of urban testing. Moreover, he said that the electric car will drive itself, without a driver.

GM stock prices are increasing by 1,2% The compaany's capitalisation has fallen by 2.7 per cent since the beginning of this year, while the Dow Jones industrial Average stock index has lost 0.7 per cent over this period.