The news came by Slack message. Cruise CEO Marc Whitten, who took the top post in June, posted a message Tuesday afternoon in ...
GM said it sees a better business case in developing autonomous technology for personal cars rather than to develop robotaxis ...
GM announced Tuesday that it would no longer be using Cruise LLC funding for developing a robotaxi service, citing increased ...
The automaker is folding its San Francisco-based subsidiary into its in-house efforts to develop autonomous driving for ...
US auto giant General Motors announced Tuesday it will abandon its robotaxi development efforts after a highly publicized ...
Future Fund LLC Managing Partner Gary Black highlighted on Tuesday, Dec. 10, 2024, that General Motors Co. is abandoning its ...
GM cited “considerable time and resources that would be needed to scale the business, along with an increasingly competitive ...
General Motors is pulling funding from robotaxi company Cruise in order to focus on its own autonomous and assisted driving ...
The shutdown of Cruise’s robotaxi service comes amid a turbulent time for autonomous vehicles. While Alphabet’s Waymo continues to eye new markets, other ventures have faltered. The most notable was ...
General Motors said on Tuesday it will stop funding and exit robotaxi development at its majority-owned Cruise business, a ...
General Motors said on Tuesday it will end robotaxi development at its majority-owned, money-losing Cruise business, a blow to the ambitions of the largest U.S. automaker which had made the advanced ...
General Motors is pulling out of robotaxis after eight years of pouring money into Cruise's commercial business.