Automotive giant General Motors announced Tuesday that it would be pulling funding from its robotaxi firm Cruise, though it ...

It was reported Cruise admitted to lying to federal investigators about the event. The news came after the National Highway ...

Microsoft expects to record an impairment charge of around $800 million in the second quarter of fiscal year 2025 over ...

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

Microsoft will take an $800 million impairment charge in its second quarter earnings report related to its investment in ...

General Motors said Tuesday it will no longer fund the development of a commercial robotaxi business and will instead absorb ...

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.

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

The Cruise founder Kyle Vogt, who resigned from the company in 2023 after a suspension of its robotaxi business, wasn't happy ...

General Motors is giving up on robotaxis eight years after taking control of Cruise in an increasingly competitive market for ...

In light of such difficult economics, what made robotaxi the dominant go-to-market strategy for autonomous vehicles? To ...

General Motors is calling it quits on its goal of operating a robotaxi service. On Tuesday, GM announced it would combine its ...