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Uber stock extended its weekly losses to 7.27% after news broke that General Motors would be shutting down its autonomous ...

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

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

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

GM has halted funding for Cruise's robotaxi program to focus on integrating its technology into GM's own autonomous vehicle ...

Honda Motor Company confirmed that it will no longer participate in a self-driving taxi partnership with General Motors Company.

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 ...

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

FLOODED OUT: How Linamar navigated Hurricane Helene’s devastating impact in North Carolina ...

General Motors has made a pivotal decision to abandon its ambitious robotaxi venture under Cruise, a self-driving subsidiary it acquired in 2016. After spending nearly $10 billion over a decade to ...