GM has invested billions in new Ultium Cells battery production plants to support the EV transition. However, these facilities aren't running at full capacity.

I think this is more a recognition that autonomous vehicle technology is going to take a decade or more to provide driverless ...

GM recently announced a forthcoming restructuring effort at its autonomous vehicle technology division, Cruise, leaving employees unsure over their future.

The Shop—located near Corgan's West End headquarters— features state-of-the-art tools including laser cutters, advanced 3D ...

Cruise robotaxis first popped up on Dallas streets in October 2023 following the start of operations with public riders in Austin. But a Cruise-involved pedestrian crash in San Francisco put ...

After a year of trying to refocus and relaunch the robotaxi program following an October 2023 pedestrian crash, the automaker ...

General Motors' Cruise is abandoning its mission to develop robotaxis and shifting its focus to advancing driver-assistance ...

Microsoft will take an $800 million charge on its investment in the Cruise robotaxi business after General Motors announced ...

In terms of per-share earnings, the charge will be a hit of around 9 cents a share to Microsoft's fiscal second-quarter EPS. The FactSet analyst consensus calls for EPS of $3.15 for Microsoft, which ...

Microsoft will record an $800 million impairment charge tied to its minority investment in General Motor's now-scrapped robotaxi program Cruise. The tech giant expects to incur the charge, which is ...

Microsoft said it will record an $800 million impairment charge tied to its minority investment in General Motor’s ...

General Motors Co. in Detroit has announced the realignment of its autonomous driving strategy by developing advanced driver ...