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

Automotive OEM General Motors is exiting the robotaxi business and combining its wholly owned Cruise Automation division into ...

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

Uber Technologies’ stock rebounded in premarket trading Thursday. On Wednesday, General Motors announced the closure of its ...

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

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 ...

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 ...

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