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

As of this week there’s a new distinction between the two US carmakers: only one wants to be a robotaxi company. General Motors has shelved its goal of building and managing a fleet of autonomous ...

Microsoft warned investors it will book an impairment charge in its fiscal second quarter related to its investment in GM’s ...

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

General Motors is calling it quits on its goal of operating a robotaxi service. On Tuesday, GM announced it would combine its ...

Safety advocate and attorney Amy Witherite, whose firm specializes in motor vehicle accidents, says that General Motor’s decision to halt its Cruise r ...

While the world's richest man is going all in with a robotaxi, General Motors has decided to pull the plug on its embryonic ...

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

GM bought control of San Francisco-based Cruise automation in 2016 with high hopes of developing a profitable fleet of ...

The Cruise founder Kyle Vogt, who resigned from the company in 2023 after a suspension of its robotaxi business, wasn't happy ...

And after running up 5.6% on Tuesday, the stock has soared 10% in two sessions. That would be the best two-day performance since it rocketed 15.1% over the two days that ended July 20, 2015. The stock ...

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