For years, General Motors CEO and Chair Mary Barra has promised a new future for the company, away from a stodgy ...
General Motors (GM) has ended its nearly decade-long, US$10 billion Cruise robotaxi project, a decision that has severely ...
Industry analysts are weighing in on GM's decision to pull out of the Cruise robotaxi business, and they almost unanimously ...
The driverless ride-hailing service was supposed to be the shining star of GM’s growth plans, leading to $50 billion in ...
General Motor's bow out of the robotaxi space leaves only two players with serious skin in the game: Tesla and Waymo.
Here are some of the major companies whose stocks moved on the week’s news.
GM is winding down its Cruise robotaxi division due to high costs and regulatory challenges, marking a significant shift in ...
Uber's market leadership and extensive global reach make it a strong contender in the transportation sector. Click here to ...
Uber Technologies shares are trading lower by 6.3% this week. Bernstein analysts viewed General Motors' winding down of Cruise as a negative for the company.
Cruise bolting robotaxis shows all sides are finding technical, financial and regulatory demands more difficult and expensive than anticipated.
Partnerships, job cuts, restructuring in China and dumping Cruise's robotaxi fleet signal that GM is hyperfocused on cost ...
In a call to “realign” its autonomous driving strategy, General Motors will no longer be funding its Cruise robotaxi program ...