CNBC's Andrew Ross Sorkin reports on the latest news.

GM said it sees a better business case in developing autonomous technology for personal cars rather than to develop robotaxis ...

GM announced Tuesday that it would no longer be using Cruise LLC funding for developing a robotaxi service, citing increased ...

The automaker is folding its San Francisco-based subsidiary into its in-house efforts to develop autonomous driving for ...

General Motors is pulling funding from robotaxi company Cruise in order to focus on its own autonomous and assisted driving ...

The news came by Slack message. Cruise CEO Marc Whitten, who took the top post in June, posted a message Tuesday afternoon in ...

US auto giant General Motors announced Tuesday it will abandon its robotaxi development efforts after a highly publicized ...

GM cited “considerable time and resources that would be needed to scale the business, along with an increasingly competitive ...

GM only owns around 90% of Cruise, but the company has agreements with other shareholders that will raise its stake to more ...

The Detroit auto giant says it's halting its investment in Cruise’s robotaxi project at $4.4 billion, and integrating its technology into its own vehicles' autonomous driving features.

General Motors is pulling the plug on its efforts to develop a fleet of driverless taxis and will focus on driver-assistance ...

No hands! The long road to the robotaxi revolution has come to an end... for General Motors . The company, which has been ...