Forget fully autonomous robotaxis: the route to market for driverless technologies now looks like it could be incremental ...
The Detroit auto giant says it’s halting its investment in Cruise’s robotaxi project at $4.4 billion, and integrating its ...
Uber Technologies’ stock rebounded in premarket trading Thursday. On Wednesday, General Motors announced the closure of its ...
Microsoft will take an $800 million impairment charge in its second quarter earnings report related to its investment in ...
In light of such difficult economics, what made robotaxi the dominant go-to-market strategy for autonomous vehicles? To ...
The news came by Slack message. Cruise CEO Marc Whitten, who took the top post in June, posted a message Tuesday afternoon in ...
General Motors said Tuesday it will no longer fund the development of a commercial robotaxi business and will instead absorb ...
DETROIT — General Motors’ move Tuesday to halt funding for its Cruise robotaxi program makes way for Silicon Valley rivals to ...
Microsoft warned investors it will book an impairment charge in its fiscal second quarter related to its investment in GM’s ...
General Motors is officially ending its support for Crusie’s beleaguered fleet of self-driving “robotaxis.” In a surprise ...
GM announced Tuesday that it would no longer be using Cruise LLC funding for developing a robotaxi service, citing increased ...
General Motors is giving up on robotaxis eight years after taking control of Cruise in an increasingly competitive market for ...