General Motors abandoned its ambitious and costly Cruise robotaxi development on Tuesday and several analysts reacted ...

GM bought control of San Francisco-based Cruise automation in 2016 with high hopes of developing a profitable fleet of ...

The Cruise founder Kyle Vogt, who resigned from the company in 2023 after a suspension of its robotaxi business, wasn't happy ...

Uber stock took another hit Wednesday from investors with robotaxi jitters after GM said it would shut down Cruise.

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

The news came by Slack message. Cruise CEO Marc Whitten, who took the top post in June, posted a message Tuesday afternoon in ...

General Motors announced changes to its autonomous driving strategy, moving to prioritize the development of advanced driver ...

General Motors said Tuesday it will no longer fund the development of a commercial robotaxi business and will instead absorb ...

General Motors’ financial issues are likely to ease after the company announced it was giving up on its Robotaxi division, ...