The company suspended the Cruise self-driving taxi service late last year after a vehicle struck and seriously injured a ...
General Motors (GM) has announced a major shift in its autonomous vehicle strategy, discontinuing the development of ...
Microsoft takes a financial hit as GM redirects autonomous vehicle plans from robotaxis to consumer-focused solutions.
Key Takeaways Microsoft said it expects to take an impairment charge of roughly $800 million after General Motors halted the ...
General Motors is officially exiting the robotaxi business after investing more than $10 billion since 2016, causing ...
Partnerships, job cuts, restructuring in China and dumping Cruise's robotaxi fleet signal that GM is hyperfocused on cost controls going into 2025.
Automakers like Ford Motors and Volkswagen had also once made big, billion-dollar bets on the future of ridehail—only to walk ...
After admitting, less than a month ago, that it lied to federal Investigators about one of its robotaxis dragging a woman in ...
Cruise co-founder and former CEO Kyle Vogt had some choice words for GM on X after the company announced it was pulling out of the robotaxi venture.
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 ...
GM's decision to shut down its Cruise robotaxi program continues to ripple through the market, extending to the self-driving ...