General Motors needed to exit its Cruise robotaxi business, most Wall Street analysts agreed on Wednesday, but the ...
The news came by Slack message. Cruise CEO Marc Whitten, who took the top post in June, posted a message Tuesday afternoon in ...
DETROIT — General Motors’ move Tuesday to halt funding for its Cruise robotaxi program makes way for Silicon Valley rivals to ...
General Motors is pulling out of robotaxis after eight years of pouring money into Cruise's commercial business.
Microsoft warned investors it will book an impairment charge in its fiscal second quarter related to its investment in GM’s ...
In light of such difficult economics, what made robotaxi the dominant go-to-market strategy for autonomous vehicles? To ...
The Cruise founder Kyle Vogt, who resigned from the company in 2023 after a suspension of its robotaxi business, wasn't happy ...
General Motors said Tuesday it will no longer fund the development of a commercial robotaxi business and will instead absorb ...
GM bought into Cruise in 2016, when self-driving fever was at its peak. It had lofty goals of deploying robotaxis in a number ...
General Motors' decision to pull the plug on its troubled Cruise robotaxi business highlights the harsh reality facing others ...
After GM pulled the plug on its robotaxi dreams, one expert says driverless cabs remain "really more hype than reality." ...
General Motors is officially ending its support for Crusie’s beleaguered fleet of self-driving “robotaxis.” In a surprise ...