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GM dumps Cruise robotaxi plans

GM Halts Cruise’s Robotaxi Development

In light of such difficult economics, what made robotaxi the dominant go-to-market strategy for autonomous vehicles? To understand the reasons why, let’s consider the history of AVs. The idea of autonomous vehicles has been around for decades.

TechCrunch · 15h

Cruise employees ‘blindsided’ by GM’s plan to end robotaxi program

The news came by Slack message. Cruise CEO Marc Whitten, who took the top post in June, posted a message Tuesday afternoon in the company’s

Detroit Free Press on MSN · 21h

GM dumps Cruise robotaxi plans; shifts autonomy work to personal cars

GM said it sees a better business case in developing autonomous technology for personal cars rather than to develop robotaxis for Cruise.

Microsoft will take $800 million charge on Cruise investment

GM Authority · 37m

Microsoft Expects $800 Million Impairment Charge From GM Cruise Robotaxi Operations Shutdown

Microsoft expects an $800 million impairment charge as the result of GM's decision to end Cruise robotaxi operations, redirecting Cruise to personal vehicles.

Geekwire on MSN · 12h

Microsoft will take $800 million charge on Cruise investment as GM exits robotaxi business

Microsoft will take an $800 million charge on its investment in the Cruise robotaxi business after General Motors announced it would no longer fund the initiative as part of a shift in its autonomous driving strategy.

Wall Street Journal · 12h

Microsoft to Incur $800 Million Charge Tied to Cruise Robotaxi

Microsoft said it will record an $800 million impairment charge tied to its minority investment in General Motors’ now-scrapped Cruise robotaxi program.

5hon MSN

GM Is Restructuring Cruise. Tesla and Waymo Will Fight It Out for the U.S. Robotaxi Market.

Waymo has made a lot of progress with self-driving cabs. It completes more than 150,000 driverless rides a week. Tesla hosted ...

16h

General Motors Says It’s Pulling Cruise Out of the Robotaxi Business

Automotive giant General Motors announced Tuesday that it would be pulling funding from its robotaxi firm Cruise, though it ...

18h

GM Pulls The Plug On Its Multibillion-Dollar Robotaxi Bet

The automaker is folding Cruise, its San Francisco-based subsidiary, into its in-house efforts to develop autonomous driving ...

1d

GM scraps Cruise's robotaxi service

GM announced Tuesday that it would no longer be using Cruise LLC funding for developing a robotaxi service, citing increased ...

GM Pulls the Plug on Cruise Robotaxi Business

While the world's richest man is going all in with a robotaxi, General Motors has decided to pull the plug on its embryonic ...

1d

GM pulls plug on Cruise robotaxi after investing more than $10B in self-driving business

GM cited “considerable time and resources that would be needed to scale the business, along with an increasingly competitive ...

18hon MSN

Cruise founder calls GM 'a bunch of dummies' after automaker shuts down robotaxi startup

The Cruise founder Kyle Vogt criticized GM's decision to pull robotaxi funding.GM's decision to divest from Cruise comes as ...

Hosted on MSN13h

GM shutters Cruise robotaxi project

General Motors is shutting down its Cruise robotaxi project, citing intense competition for self-driving cars and the steep ...

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