It's a hard lesson, but extremely valuable, and General Motors (NYSE: GM) is currently in the process of learning it after ...
GM's shutdown of Cruise was the end of an era for them, but robotaxis are roaring ahead in the U.S. and China — in sharply ...
With no one in the driver seat, the SUV pulling up resembles an autonomous robotaxi like those becoming increasingly present ...
In 2023, Cruise paused all of its driverless operations after collisions led to investigations and a suspension of its ...
Barra declined to say how many Cruise employees could be moved over to GM. Costly business Rivals still in the emerging robotaxi industry include deep-pocketed developers such as Alphabet’s ...
General Motors settled a class action lawsuit claiming that GM’s Duramax diesel engines contained faulty fuel pumps. The suit ...
General Motors said Tuesday it will no longer fund the development of a commercial robotaxi business and will instead absorb ...
General Motors said it was abandoning its Cruise driverless ride-hailing service due to its high costs and the scale needed ...
As a result, GM said it will no longer fund Cruise’s robotaxi development, given the considerable time and resources needed to scale the business, along with an increasingly competitive robotaxi ...
GM has cut funding to Cruise and will merge the self-driving technology startup with its own technical teams GM will continue developing self-driving technology for use in privately owned vehicles ...
General Motors’ decision on Tuesday to focus on driver-assist systems highlights the challenges with the robotaxi business model. GM announced its decision to stop funding Cruise. GM plans to ...
General Motors will no longer fund Cruise. GM says launching and maintaining a Robotaxi network is not something that it is interested in doing. The automaker intends to roll Cruise's commercial ...