GM halts funding for Cruise robotaxi program
DETROIT — General Motors’ move Tuesday to halt funding for its Cruise robotaxi program makes way for Silicon Valley rivals to take a firmer hold of the potentially multibillion-dollar business. But experts say bowing out is the right choice for the embattled Cruise.
Automotive giant General Motors announced Tuesday that it would be pulling funding from its robotaxi firm Cruise, though it ...
A Cruise driverless robotaxi operating in San Francisco, California on ... [+] July 24, 2023. Anadolu Agency via General ...
General Motors pulled the plug on its Cruise robotaxi business on Tuesday night, a move marking a dramatic step back in its ...
GM announced Tuesday that it would no longer be using Cruise LLC funding for developing a robotaxi service, citing increased ...
General Motors is calling it quits on its goal of operating a robotaxi service. On Tuesday, GM announced it would combine its ...
GM only owns around 90% of Cruise, but the company has agreements with other shareholders that will raise its stake to more ...
General Motors is restructuring Cruise, its self-driving-taxi company, in what amounts to an exit from the robotaxi business ...
The automaker is folding Cruise, its San Francisco-based subsidiary, into its in-house efforts to develop autonomous driving ...
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