Honda Motor Co. will stop funding a joint venture with General Motors and Cruise to launch a robotaxi service in Japan, now ...

Microsoft will take an $800 million charge on its investment in the Cruise robotaxi business after General Motors announced ...

Microsoft warned investors it will book an impairment charge in its fiscal second quarter related to its investment in GM’s ...

Microsoft said it will record an $800 million impairment charge tied to its minority investment in General Motor’s ...

General Motors is calling it quits on its goal of operating a robotaxi service. On Tuesday, GM announced it would combine its ...

As of this week there’s a new distinction between the two US carmakers: only one wants to be a robotaxi company. General Motors has shelved its goal of building and managing a fleet of autonomous ...

General Motors' Cruise is abandoning its mission to develop robotaxis and shifting its focus to advancing driver-assistance ...

Microsoft Corporation (NASDAQ:MSFT) said Wednesday it would take a $800 million writedown in Q2 on its stake in General Motors-backed robotaxi firm Cruise just a day after the automaker announced it ...

General Motors Co. in Detroit has announced the realignment of its autonomous driving strategy by developing advanced driver ...

General Motors said Tuesday it will retreat from the robotaxi business and stop funding its money-losing Cruise autonomous vehicle unit. Instead the Detroit automaker will focus on development of ...

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

Safety advocate and attorney Amy Witherite, whose firm specializes in motor vehicle accidents, says that General Motor’s decision to halt its Cruise r ...