GM, Cruise

From growth to gone: GM’s Cruise robotaxi business is latest growth initiative to falter
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.
GM pulls plug on Cruise robotaxi after investing more than $10B in self-driving business
GM cited “considerable time and resources that would be needed to scale the business, along with an increasingly competitive robotaxi market.”
GM scraps Cruise's robotaxi service
GM announced Tuesday that it would no longer be using Cruise LLC funding for developing a robotaxi service, citing increased competition in the market.
GM halts funding for Cruise robotaxi program
DETROIT — General Motors’ move Tuesday to halt funding for its Cruise robotaxi program makes way for Silicon Valley rivals to take a firmer hold of the potentially multibillion-dollar business. But experts say bowing out is the right choice for the embattled Cruise.
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
GM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit
General Motors says it will retreat from the robotaxi business and stop funding its money-losing Cruise autonomous vehicle unit
GM Pulls Funding From Cruise Robotaxi Service
In an announcement that’s shocked many, GM has said it will no longer provide funding for Cruise, its robotaxi service. Instead, the automaker says it’s pouring resources into autonomous driving and driver assistance technologies for passenger vehicles sold to private individuals.
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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 ...
GM is giving up on Cruise robotaxis, pivots to personal autonomous vehicles
General Motors said Tuesday it will no longer fund the development of a commercial robotaxi business and will instead absorb ...
Cruise founder calls GM 'a bunch of dummies' after automaker shuts down robotaxi startup
The Cruise founder Kyle Vogt, who resigned from the company in 2023 after a suspension of its robotaxi business, wasn't happy ...
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GM dumps Cruise robotaxi plans; shifts autonomy work to personal cars
The automaker said it will combine Cruise, of which GM is majority owner, and GM technical teams into a single effort ...
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‘GM Are A Bunch Of Dummies,’ Says Cruise Co-Founder Kyle Vogt
Cruise co-founder and former CEO Kyle Vogt had some choice words for GM on X after the company announced it was pulling out ...
Microsoft Expects $800M Impairment Charge After GM Axes Cruise Robotaxis
Microsoft will take an $800 million impairment charge in its second quarter earnings report related to its investment in ...
GM's Cruise robotaxi exit a result of 'serious problems' from scaling too fast and continued high costs
General Motors pulled the plug on its Cruise robotaxi business on Tuesday night, a move marking a dramatic step back in its ...
GM Is Restructuring Cruise. Tesla and Waymo Will Fight It Out for the U.S. Robotaxi Market.
Waymo has made a lot of progress with self-driving cabs. It completes more than 150,000 driverless rides a week. Tesla hosted ...