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General Motors Pulls Plug On Cruise Robotaxi Program
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.
With General Motors pulling the plug on Cruise, every American automaker except Tesla has called it quits on robotaxis
Automakers like Ford Motors and Volkswagen had also once made big, billion-dollar bets on the future of ridehail—only to walk back those plans later.
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.
TweakTown
1h
Microsoft expects share price drop and a $800 million fine after GM exits robotaxi business
General Motors is officially exiting the robotaxi business after investing more than $10 billion since 2016, causing ...
23h
Forbes Daily: General Motors Is Abandoning Its Robotaxi Investment
Wednesday's edition of Forbes Daily covers UHC shooting suspect's alleged Reddit history, small business reprieve, Infowars ...
10h
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 ...
15h
Honda cuts funding to robotaxi venture with Cruise and GM in Japan
Honda Motor Co. will stop funding a joint venture with General Motors and Cruise to launch a robotaxi service in Japan, now ...
16h
General Motors ‘Will No Longer Fund’ Autonomous Vehicle Company Cruise
It was reported Cruise admitted to lying to federal investigators about the event. The news came after the National Highway ...
16h
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 ...
smartcitiesdive
18h
GM shuts troubled Cruise robotaxi unit
General Motors will halt further development of robotaxis, with its CEO citing high capital costs and billions invested in a ...
2h
Honda to pull out of robotaxi partnership with GM
Honda Motor Company confirmed that it will no longer participate in a self-driving taxi partnership with General Motors ...
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