In GM’s announcement of the Cruise shutdown, CEO Mary Barra noted that the robotaxi market is becoming “increasingly ...

Waymo may have outlasted Cruise to lead the U.S. market, but domestic competitors are working to catch up, too — most notably ...

Jared Friedman, Y Combinator group partner and early angel investor in Cruise, told BI he spent 4% of his waking hours this ...

Barra declined to say how many Cruise employees could be moved over to GM. Costly business Rivals still in the emerging robotaxi industry include deep-pocketed developers such as Alphabet’s ...

General Motors said it was abandoning its Cruise driverless ride-hailing service due to its high costs and the scale needed ...

In 1993, GM had controlling interest in Isuzu and signed a deal to supply its Rodeo to become Honda’s first SUV, rebadged the ...

As a result, GM said it will no longer fund Cruise’s robotaxi development, given the considerable time and resources needed to scale the business, along with an increasingly competitive robotaxi ...

General Motors said it would no longer fund its Cruise robotaxi service as it seeks to focus its spending on autonomous vehicle development specifically for personally owned vehicles. Now Cruise ...

General Motors will no longer fund Cruise. GM says launching and maintaining a Robotaxi network is not something that it is interested in doing. The automaker intends to roll Cruise's commercial ...

General Motors’ decision on Tuesday to focus on driver-assist systems highlights the challenges with the robotaxi business model. GM announced its decision to stop funding Cruise. GM plans to ...