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GM dumps Cruise robotaxi plans

TechCrunch · 1h

Cruise employees ‘blindsided’ by GM’s plan to end robotaxi program

The news came by Slack message. Cruise CEO Marc Whitten, who took the top post in June, posted a message Tuesday afternoon in the company’s

Seattle Times · 1h

GM halts funding for Cruise robotaxi program

DETROIT — General Motors’ move Tuesday to halt funding for its Cruise robotaxi program makes way for Silicon Valley rivals to take a firmer hold of the potentially multibillion-dollar business. But experts say bowing out is the right choice for the embattled Cruise.

USA TODAY on MSN · 19h

GM dumps Cruise robotaxi plans; shifts autonomy work to personal cars

GM said it sees a better business case in developing autonomous technology for personal cars rather than to develop robotaxis for Cruise.

GM Pulls Plug On Its Multibillion-Dollar Robotaxi Bet

GM Pulls The Plug On Its Multibillion-Dollar Robotaxi Bet

The automaker is folding Cruise, its San Francisco-based subsidiary, into its in-house efforts to develop autonomous driving for personal vehicles.

General Motors Says It’s Pulling Cruise Out of the Robotaxi Business

Automotive giant General Motors announced Tuesday that it would be pulling funding from its robotaxi firm Cruise, though it gestured at future plans to continue developing self-driving cars.

BBC on MSN · 19h

General Motors pulls plug on robotaxi project

General Motors has announced that it will stop funding the development of the Cruise self-driving taxi. The company says it will now "refocus autonomous driving development on personal vehicles". GM also pointed to the increasingly competitive robotaxi market as a reason for the move.

16m

GM Falls Despite Robotaxi U-Turn. Its Self-Driving Car Rival Pops.

General Motors abandoned its ambitious and costly Cruise robotaxi development on Tuesday and several analysts reacted ...

26mon MSN

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 ...

6h

Cruise-ing To Nowhere: GM Halts Cruise’s Robotaxi Development

A Cruise driverless robotaxi operating in San Francisco, California on ... [+] July 24, 2023. Anadolu Agency via General ...

6hon MSN

GM Is Restructuring Cruise. That Leaves Tesla and Waymo in U.S. Robotaxi Market.

General Motors is restructuring Cruise, its self-driving-taxi company, in what amounts to an exit from the robotaxi business ...

5h

GM shuts down robotaxi project to focus on autonomous vehicles

General Motors (GM) said Tuesday that it will no longer fund the development of robotaxis and instead focus on creating fully ...

3h

GM's Cruise robotaxi exit a result of 'serious problems' from scaling too fast and continued high costs

General Motors pulled the plug on its Cruise robotaxi business on Tuesday night, a move marking a dramatic step back in its ...

18h

GM scraps Cruise's robotaxi service

GM announced Tuesday that it would no longer be using Cruise LLC funding for developing a robotaxi service, citing increased ...

1h

Wall Street mostly upbeat on GM's decision to pull the plug on Cruise

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

5hon MSN

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." ...

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