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General Motors, Cruise and Robotaxi
General Motors Says It’s Pulling Cruise Out of the Robotaxi Business
Automotive giant General Motors announced Tuesday that it would be pulling funding from its robotaxi firm Cruise, though it gestured at future plans to continue developing self-driving cars.
General Motors ‘Will No Longer Fund’ Autonomous Vehicle Company Cruise
It was reported Cruise admitted to lying to federal investigators about the event. The news came after the National Highway Traffic Safety Administration hit Cruise with a $1.5 million fine.
General Motors pulls plug on robotaxi project
General Motors has announced that it will stop funding the development of the Cruise self-driving taxi. The company says it will now "refocus autonomous driving development on personal vehicles". GM also pointed to the increasingly competitive robotaxi market as a reason for the move.
6h
Forbes Daily: General Motors Is Abandoning Its Robotaxi Investment
Wednesday's edition of Forbes Daily covers UHC shooting suspect's alleged Reddit history, small business reprieve, Infowars ...
2h
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 ...
smartcitiesdive
1h
GM shuts troubled Cruise robotaxi unit
General Motors will halt further development of robotaxis, with its CEO citing high capital costs and billions invested in a ...
DBusiness Magazine
2h
General Motors Drops Robotaxi R&D to Expand Fully Autonomous Personal Vehicles
General Motors Co. in Detroit has announced the realignment of its autonomous driving strategy by developing advanced driver ...
4h
Robotaxi Face-Off: It's Waymo Vs. Tesla After General Motors' Exit
GM's exit resets the robotaxi race, with Waymo's proven leadership and Tesla's bold ambitions setting the stage for intense ...
3h
Cruise founder calls GM 'a bunch of dummies' after automaker shuts down robotaxi startup
Cruise founder Kyle Vogt, who resigned from the company in 2023 after a suspension of its robotaxi business, wasn't happy ...
6h
General Motors: Cruise Cancellation Is Not A Big Deal
General Motors Company is halting its Cruise robotaxi project to focus on driver assistance and core ICE and electric vehicle ...
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