US auto giant General Motors announced Tuesday it will abandon its robotaxi development efforts after a highly publicized ...
General Motors has announced that it will stop funding the development of the Cruise self-driving taxi. The company says it ...
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 ...
Deutsche Bank also raised its price target for Tesla shares to $370 from $295. Tesla shares were trading down nearly 1% at ...
General Motors said on Tuesday it will end robotaxi development at its majority-owned, money-losing Cruise business, a blow ...
The long road to the robotaxi revolution has come to an end... for General Motors (NYSE:GM). The company, which has been ...
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 ...