Automakers like Ford Motors and Volkswagen had also once made big, billion-dollar bets on the future of ridehail—only to walk ...
Microsoft will take an $800 million impairment charge in its second quarter earnings report related to its investment in ...
General Motors needed to exit its Cruise robotaxi business, most Wall Street analysts agreed on Wednesday, but the ...
General Motors' Cruise is abandoning its mission to develop robotaxis and shifting its focus to advancing driver-assistance ...
GM's decision to shut down its Cruise robotaxi program continues to ripple through the market, extending to the self-driving ...
General Motors Company is halting its Cruise robotaxi project to focus on driver assistance and core ICE and electric vehicle ...
General Motors pulled the plug on its Cruise robotaxi business on Tuesday night, a move marking a dramatic step back in its ...
General Motors is pulling out of robotaxis after eight years of pouring money into Cruise's commercial business.