Plus, the auto industry closes out 2024 with a nasty "hangover" after riding high during the pandemic.
The same day that General Motors announced that it would stop funding its beleaguered robotaxi company Cruise, one of China’s leading autonomous vehicle operators made a different sort of announcement ...
The Trump transition team wants the incoming administration to drop a car-crash reporting requirement opposed by Elon Musk’s ...
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 revenue by the end of this decade.
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.
Digging through court records to learn more about the 10 homicides that occurred in November, KXAN found extensive criminal ...