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 ...

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 ...

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

General Motors announced changes to its autonomous driving strategy, moving to prioritize the development of advanced driver ...

General Motors said Tuesday it will no longer fund the development of a commercial robotaxi business and will instead absorb ...

General Motors’ financial issues are likely to ease after the company announced it was giving up on its Robotaxi division, ...

General Motors will halt further development of robotaxis, with its CEO citing high capital costs and billions invested in a ...

General Motors is pivoting away from its Cruise driverless taxi business and applying the technology to customer cars and trucks. So said the company said in a statement Tuesday titled, “GM to refocus ...

Automotive giant General Motors announced Tuesday that it would be pulling funding from its robotaxi firm Cruise, though it ...

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