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Cruise, Robotaxi and General Motors
GM’s Decision To Exit Cruise Robotaxi Business Welcomed By Industry Analysts
Industry analysts are weighing in on GM's decision to pull out of the Cruise robotaxi business, and they almost unanimously agree that it was a good idea.
General Motors Says It’s Pulling Cruise Out of the Robotaxi Business
Automotive giant General Motors announced Tuesday that it would be pulling funding from its robotaxi firm Cruise, though it gestured at future plans to continue developing self-driving cars.
With General Motors pulling the plug on Cruise, every American automaker except Tesla has called it quits on robotaxis
Automakers like Ford Motors and Volkswagen had also once made big, billion-dollar bets on the future of ridehail—only to walk back those plans later.
General Motors to stop funding its Cruise robotaxi business
General Motors will stop funding its Cruise robotaxi business and focus on developing self-driving technology for personal vehicles, the automaker said in a statement on Tuesday. The company said in a statement that it had made the decision due to “the considerable time and resources that would be needed to scale the business” as well as increased competition in the robotaxi market.
GM’s Cruise robotaxi business is latest growth initiative to falter
For years, General Motors CEO and Chair Mary Barra has promised a new future for the company, away from a stodgy metal-bending automaker into a tech-driven, forward-thinking company poised for growth.
GM ‘blindsides’ Cruise by giving up on robotaxis
Welcome back to Week in Review. This week, we’re looking at GM’s decision to pull out of the robotaxi business, Google alluding to the existence of
GM pulls the plug on Cruise robotaxi division
The automaker plans to merge the division with its Super Cruise team to advance its self-driving feature for personal vehicles
2d
General Motors Scraps Cruise, Alphabet's Waymo A Big Part Of The Reason Why
Competition from Waymo and Amazon, coupled with operational challenges, led to GM's decision to drop Cruise. Read more on the ...
3d
General Motors’ Decision To ‘No Longer Fund’ Cruise Is A Loss For Accessibility, Too
For many in the low-vision community, self-driving cars represent the zenith of accessibility; no longer must we be at the ...
Des Moines Register
5d
GM dumps Cruise robotaxi plans; shifts autonomy work to personal cars
General
Motors
is pivoting from self-driving robotaxies to focus ... rather than building a robotaxi fleet with its San ...
4d
General Motors: Cruise Cancellation Is Not A Big Deal
General Motors Company is halting its Cruise robotaxi project to focus on driver assistance and core ICE and electric vehicle ...
4d
GM's Cruise exit turns focus on challenges of scaling robotaxis
General Motors' decision to pull the plug on its troubled Cruise robotaxi business highlights the harsh reality facing others ...
1d
General Motors’ robotaxi exit is a massive hit for tech leader
General Motors ( GM) , once hailed as a formidable rival for Tesla ( TSLA) in the race to roll out a driverless car ahead of ...
2d
on MSN
The Score: General Motors, Nvidia, UnitedHealth and More Stocks That Defined the Week
Here are some of the major companies whose stocks moved on the week’s news.
4d
Microsoft expects $800 million impairment charge in Q2 2025 over General Motors' Cruise exit
Microsoft expects to record an impairment charge of around $800 million in the second quarter of fiscal year 2025 over ...
3d
GM shutters Cruise robotaxis, but other driverless vehicles remain in Austin
General Motors announced Tuesday it will no longer be funding its Cruise robotaxi operations after years of navigating ...
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