The US automotive group General Motors is giving up its autonomous robotaxi business, which was bundled in the Cruise division, after investing billions.

General Motors needed to exit its Cruise robotaxi business, most Wall Street analysts agreed on Wednesday, but the ...

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 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 ...

Waymo has made a lot of progress with self-driving cabs. It completes more than 150,000 driverless rides a week. Tesla hosted ...

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

General Motors is officially ending its support for Crusie’s beleaguered fleet of self-driving “robotaxis.” In a surprise ...