Competition from Waymo and Amazon, coupled with operational challenges, led to GM's decision to drop Cruise. Read more on the ...
Here are some of the major companies whose stocks moved on the week’s news.
General Motor's bow out of the robotaxi space leaves only two players with serious skin in the game: Tesla and Waymo.
GM is winding down its Cruise robotaxi division due to high costs and regulatory challenges, marking a significant shift in ...
Honda has decided to end its involvement in a robotaxi joint venture with General Motors (GM) and Cruise in Japan. The move ...
Microsoft is set to take an $800 million hit due to General Motors’ decision to shut down its self-driving car subsidiary, ...
Uber Technologies shares are trading lower by 6.3% this week. Bernstein analysts viewed General Motors' winding down of Cruise as a negative for the company.
It’s possible the automaker’s throttling back on its robotaxi endeavor will come to be seen as a missed opportunity. But it’s definitely a sign self-driving electrified vehicles are a more complex, ...
General Motors CEO Mary Barra is optimistic the incoming Trump administration will be good for the auto industry, including ...
Reuters reported that eMarketer analyst Jacob Bourne said: "Broadcom's strong performance doesn't come as a surprise. It's ...
Elon Musk’s choice of Warner Bros Studios for the long-anticipated launch of his robotaxi on October 10th was entirely ...
Uber's market leadership and extensive global reach make it a strong contender in the transportation sector. Click here to ...