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GM dumps Cruise robotaxi plans

TechCrunch · 9h

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 · 16h

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.

GM Ends Cruise Robotaxi Efforts and Steers Its Self-Driving Tech to Passenger Cars

The Detroit auto giant says it's halting its investment in Cruise’s robotaxi project at $4.4 billion, and integrating its technology into its own vehicles' autonomous driving features.

Robotaxi, General Motors

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 gestured at future plans to continue developing self-driving cars.

ExtremeTech · 3h

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 autonomous taxis. GM has announced that it will stop shoveling money into Cruise, the robotaxi subsidiary that never managed to make a dime. Instead of taxis, GM plans to focus on autonomous driving for personal vehicles.

BBC on MSN · 1d

General Motors pulls plug on robotaxi project

General Motors has announced that it will stop funding the development of the Cruise self-driving taxi. The company says it will now "refocus autonomous driving development on personal vehicles". GM also pointed to the increasingly competitive robotaxi market as a reason for the move.

KTVU FOX 2 San Francisco on MSN2h

GM quits 'robotaxi' business but others push on

After admitting, less than a month ago, that it lied to federal Investigators about one of its robotaxis dragging a woman in ...

Money Morning5h

Lyft Stock Drops on GM Robotaxi News: Key Support Levels Hold, But Risks Loom

Shares of Lyft should find more support from the stock’s 200-day moving average currently at $14.78, but that support will ...

8h

GM Falls Despite Robotaxi U-Turn. Its Self-Driving Car Rival Pops.

General Motors abandoned its ambitious and costly Cruise robotaxi development on Tuesday and several analysts reacted ...

11h

GM's Cruise robotaxi exit a result of 'serious problems' from scaling too fast and continued high costs

General Motors pulled the plug on its Cruise robotaxi business on Tuesday night, a move marking a dramatic step back in its ...

7h

GM moves away from the robotaxi business axing Cruise

General Motors is calling it quits on its goal of operating a robotaxi service. On Tuesday, GM announced it would combine its ...

7h

Microsoft sees $800M charge from GM no longer funding robotaxi

EST Microsoft (MSFT) sees $800M charge from GM no longer funding robotaxiPick the best stocks and maximize your portfolio:Discover ...

Hosted on MSN6h

GM scrapped its $50 billion robotaxi dream, ceding game to Tesla and Waymo

GM just walked away from its robotaxi dream, bailing on its Cruise business as the price tag became too much to stomach.

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