The automaker said it will combine Cruise, of which GM is majority owner, and GM technical teams into a single effort to ...

Microsoft takes a financial hit as GM redirects autonomous vehicle plans from robotaxis to consumer-focused solutions.

General Motors' move suggests that billions in funding weren't enough in a still-developing part of the industry that has met with several setbacks and scepticism from wary drivers.

Key Takeaways Microsoft said it expects to take an impairment charge of roughly $800 million after General Motors halted the ...

General Motors is officially exiting the robotaxi business after investing more than $10 billion since 2016, causing ...

Automakers like Ford Motors and Volkswagen had also once made big, billion-dollar bets on the future of ridehail—only to walk ...

Microsoft Corp (NASDAQ: MSFT) has said that it will be recording an impairment charge of approximately $800 million in the ...

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

Cruise co-founder and former CEO Kyle Vogt had some choice words for GM on X after the company announced it was pulling out of the robotaxi venture.

General Motors needed to exit its Cruise robotaxi business, most Wall Street analysts agreed on Wednesday, but the ...

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

GM's decision to shut down its Cruise robotaxi program continues to ripple through the market, extending to the self-driving car company's minority ...