Cruise employees ‘blindsided’ by GM’s plan to end robotaxi program
The news came by Slack message. Cruise CEO Marc Whitten, who took the top post in June, posted a message Tuesday afternoon in ...
GM Halts Cruise’s Robotaxi Development
In light of such difficult economics, what made robotaxi the dominant go-to-market strategy for autonomous vehicles? To ...
GM scraps Cruise's robotaxi service
GM announced Tuesday that it would no longer be using Cruise LLC funding for developing a robotaxi service, citing increased ...
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 ...
GM is pulling the funding for its Cruise robotaxi company
General Motors is pulling funding from robotaxi company Cruise in order to focus on its own autonomous and assisted driving ...
GM's Cruise robotaxi exit a result of 'serious problems' from scaling too fast and continued high costs
General Motors pulled the plug on its Cruise robotaxi business on Tuesday night, a move marking a dramatic step back in its ...
GM pulls plug on Cruise robotaxi after investing more than $10B in self-driving business
GM cited “considerable time and resources that would be needed to scale the business, along with an increasingly competitive ...
Cruise’s robotaxi service will likely shut down as GM pulls its funding
The shutdown of Cruise’s robotaxi service comes amid a turbulent time for autonomous vehicles. While Alphabet’s Waymo continues to eye new markets, other ventures have faltered. The most notable was ...
Uber Stock Is Rebounding Day After GM Scrapped Cruise Robotaxi Program
Uber Technologies’ stock rebounded in premarket trading Thursday. On Wednesday, General Motors announced the closure of its ...