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 ...
Cruise founder calls GM 'a bunch of dummies' after automaker shuts down robotaxi startup
The Cruise founder Kyle Vogt, who resigned from the company in 2023 after a suspension of its robotaxi business, wasn't happy ...
Here’s how much of a hit Microsoft is taking with its investment in GM’s Cruise
Microsoft warned investors it will book an impairment charge in its fiscal second quarter related to its investment in GM’s ...
Microsoft expects $800 million impairment charge in Q2 2025 over General Motors' Cruise exit
Microsoft expects to record an impairment charge of around $800 million in the second quarter of fiscal year 2025 over ...
General Motors to stop funding Cruise autonomous vehicle unit
UnitedHealth Group (UNH) CEO Andrew Witty defended the company’s claim denial practices in a leaked video recorded after the ...
GM moves away from the robotaxi business axing Cruise
General Motors is calling it quits on its goal of operating a robotaxi service. On Tuesday, GM announced it would combine its ...
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General Motors reportedly scraps autonomous vehicles months after Houston relaunch of Cruise
The move comes just months after Cruise announced it would restart testing operations in Houston after a staffing shakeup ...
General Motors: Cruise Cancellation Is Not A Big Deal
General Motors Company is halting its Cruise robotaxi project to focus on driver assistance and core ICE and electric vehicle ...
GM's Cruise U-turn is a sign of just how hard the robotaxi game really is
After GM pulled the plug on its robotaxi dreams, one expert says driverless cabs remain "really more hype than reality." ...