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

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

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

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

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 ...

I think this is more a recognition that autonomous vehicle technology is going to take a decade or more to provide driverless ...

GM recently announced a forthcoming restructuring effort at its autonomous vehicle technology division, Cruise, leaving employees unsure over their future.

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

Cruise robotaxis first popped up on Dallas streets in October 2023 following the start of operations with public riders in Austin. But a Cruise-involved pedestrian crash in San Francisco put ...

After a year of trying to refocus and relaunch the robotaxi program following an October 2023 pedestrian crash, the automaker ...

General Motors' Cruise is abandoning its mission to develop robotaxis and shifting its focus to advancing driver-assistance ...