As a result, GM said it will no longer fund Cruise’s robotaxi development, given the considerable time and resources needed to scale the business, along with an increasingly competitive robotaxi ...

GM has bowed out of the robotaxi race for now, halting its investment in Cruise. Only a few companies have made significant strides in the autonomous taxi space. Tesla and Waymo are the two ...

General Motors said Tuesday it will stop funding and exit robotaxi development at its majority-owned Cruise business, a blow to the automaker that had made the advanced technology unit a top priority.

General Motors said it would no longer fund its Cruise robotaxi service as it seeks to focus its spending on autonomous vehicle development specifically for personally owned vehicles. Now Cruise ...

Roundabouts. They trapped Clark Griswold in “National Lampoon’s European Vacation” and now they’ve tripped up a Waymo robotaxi. A video is circulating on social media showing a Waymo ...

The automaker cited the increased competition in the robotaxi market. General Motors announced Tuesday that it would end funding for its Cruise robotaxi service. The automaker said it would shift ...

Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks For instance, while there’s been plenty of excitement around the robotaxi, Bernstein analyst Toni Sacconaghi ...

General Motors (GM) pulled the plug on its Cruise robotaxi business on Tuesday night, a move marking a dramatic step back in its autonomous ambitions that began eight years ago. GM said it would ...

Self-driving car company, Waymo is set to roll out its driverless robotaxi service in Miami, continuing its rapid expansion while its competitors lag behind. As the company inches closer to its ...

General Motors' white flag in the robotaxi race on Tuesday just made the autonomous ride-sharing competition much smaller in the US, showing how challenging it can be for companies, even with the ...

Waymo is one of the frontrunners of robtoaxi race, offering the public more than 100,000 rides, according to the company.Jason Henry/AFP via Getty Images GM has bowed out of the robotaxi race for ...