Automotive giant General Motors announced Tuesday that it would be pulling funding from its robotaxi firm Cruise, though it ...
If Waymo and Tesla are able to stand up profitable robotaxi businesses, General Motors could end up looking back on Cruise as ...
General Motors announces it will shut down Cruise self-driving taxi development as costs and competition mount.
General Motors said on Tuesday it will end robotaxi development at its majority-owned, money-losing Cruise business, a blow ...
Instead, the Detroit automaker will focus on development of partially automated driver-assist systems like its Super Cruise, ...
General Motors Co. Chief Executive Officer Mary Barra, clad in her signature leather jacket and masked up pandemic style, ...
General Motors Company (NYSE:GM) climbed in afterhours trading Tuesday after the automaker announced that it would halt ...
The restructuring aims to cut annual spending by over $1 billion, with completion targeted for the first half of 2025.
For others still developing or operating robotaxis, GM's Cruise exit sends a clear warning, said Philip Koopman, a Carnegie ...
Shortly afterwards Vogt left Cruise, swiftly followed by nine other executives. Meanwhile, GM quietly shelved plans to build ...
Tesla stock is on track for its sixth-straight session of gains, GameStop posts a surprise quarterly profit even as sales ...
Wall Street is poised for gains following an expected inflation report, reinforcing predictions of a Federal Reserve interest ...