While the world's richest man is going all in with a robotaxi, General Motors has decided to pull the plug on its embryonic ...
GM bought control of San Francisco-based Cruise automation in 2016 with high hopes of developing a profitable fleet of ...
And after running up 5.6% on Tuesday, the stock has soared 10% in two sessions. That would be the best two-day performance since it rocketed 15.1% over the two days that ended July 20, 2015. The stock ...
I think this is more a recognition that autonomous vehicle technology is going to take a decade or more to provide driverless ...
DETROIT — General Motors’ move Tuesday to halt funding for its Cruise robotaxi program makes way for Silicon Valley rivals to ...
General Motors needed to exit its Cruise robotaxi business, most Wall Street analysts agreed on Wednesday, but the ...
Uber Technologies Inc. (NYSE: UBER) and Lyft Inc. (NASDAQ: LYFT) shares are trading lower Wednesday following the General ...
General Motors said Tuesday it will no longer fund the development of a commercial robotaxi business and will instead absorb ...
GM has robotaxi technology but no business. Tesla has a business but the tech doesn't work. This issue, along with ...
We recently published a list of 10 Best Self-Driving Technology Stocks To Buy According to Hedge Funds. In this article, we ...
Automotive giant General Motors announced Tuesday that it would be pulling funding from its robotaxi firm Cruise, though it ...
General Motors (GM) has decided to move on from its Cruise driverless ride-hailing service. The automaker said it will no longer fund its ...