Partnerships, job cuts, restructuring in China and dumping Cruise's robotaxi fleet signal that GM is hyperfocused on cost controls going into 2025.
Microsoft will take an $800 million impairment charge in its second quarter earnings report related to its investment in ...
Automotive giant General Motors announced Tuesday that it would be pulling funding from its robotaxi firm Cruise, though it ...
General Motors needed to exit its Cruise robotaxi business, most Wall Street analysts agreed on Wednesday, but the ...
Automakers like Ford Motors and Volkswagen had also once made big, billion-dollar bets on the future of ridehail—only to walk ...
General Motors is officially exiting the robotaxi business after investing more than $10 billion since 2016, causing ...
Microsoft takes a financial hit as GM redirects autonomous vehicle plans from robotaxis to consumer-focused solutions.
General Motors Company is halting its Cruise robotaxi project to focus on driver assistance and core ICE and electric vehicle ...
General Motors announces it will shut down Cruise self-driving taxi development as costs and competition mount.
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 has teamed up with a materials science startup with the goal of enhancing performance and increasing the ...