GM pulling plug on robotaxis and San Francisco based Cruise autonomous vehicle unit
GM bought control of San Francisco-based Cruise automation in 2016 with high hopes of developing a profitable fleet of robotaxis. Over the years GM invested billions in the subsidiary and eventually bought 90% of the company from investors, all while racking up millions in losses.
General Motors is restructuring Cruise, its self-driving-taxi company, in what amounts to an exit from the robotaxi business ...
Cruise's robotaxi service will officially be no more, as General Motors opted to pull the funding plug and move the ...
The Cruise founder Kyle Vogt, who resigned from the company in 2023 after a suspension of its robotaxi business, wasn't happy ...
After a year of trying to refocus and relaunch the robotaxi program following an October 2023 pedestrian crash, the automaker ...
GM has robotaxi technology but no business. Tesla has a business but the tech doesn't work. This issue, along with ...
After GM pulled the plug on its robotaxi dreams, one expert says driverless cabs remain "really more hype than reality." ...
Automotive giant General Motors announced Tuesday that it would be pulling funding from its robotaxi firm Cruise, though it ...
Management reportedly "blindsided" employees at the robotaxi company with the announcement, and the workers still don't know ...
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