It was reported Cruise admitted to lying to federal investigators about the event. The news came after the National Highway ...

Microsoft expects to record an impairment charge of around $800 million in the second quarter of fiscal year 2025 over ...

General Motors CEO Mary Barra says she's still bullish on her company's prospects amid challenges with EVs and issues with ...

Automakers like Ford Motors and Volkswagen had also once made big, billion-dollar bets on the future of ridehail—only to walk ...

Barra said she looks forward to working with the Trump administration and expects he will listen to GM's input on regulations.

Partnerships, job cuts, restructuring in China and dumping Cruise's robotaxi fleet signal that GM is hyperfocused on cost controls going into 2025.

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

Microsoft will take an $800 million impairment charge in its second quarter earnings report related to its investment in ...

After admitting, less than a month ago, that it lied to federal Investigators about one of its robotaxis dragging a woman in ...

Microsoft Corp (NASDAQ: MSFT) has said that it will be recording an impairment charge of approximately $800 million in the ...

General Motors is officially exiting the robotaxi business after investing more than $10 billion since 2016, causing ...

In a post on the social media platform X (formerly known as Twitter) Cruise founder and former CEO Kyle Vogt lambasted ...