General Motor's bow out of the robotaxi space leaves only two players with serious skin in the game: Tesla and Waymo.
Competition from Waymo and Amazon, coupled with operational challenges, led to GM's decision to drop Cruise. Read more on the ...
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, ...
Here are some of the major companies whose stocks moved on the week’s news.
GM is winding down its Cruise robotaxi division due to high costs and regulatory challenges, marking a significant shift in ...
Uber's market leadership and extensive global reach make it a strong contender in the transportation sector. Click here to ...
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.
General Motors CEO Mary Barra is optimistic the incoming Trump administration will be good for the auto industry, including ...
Cruise bolting robotaxis shows all sides are finding technical, financial and regulatory demands more difficult and expensive ...
On today's show, we talk about General Motors ending Cruise, as well as the wider autonomous space ... We get into Waymo's ...
General Motors Co. today announced that it will no longer fund Cruise LLC’s robotaxi deployment work. It cited long ...
Microsoft will record an $800 million impairment charge tied to its minority investment in General Motors' now-scrapped Cruise robotaxi program. Tesla gave back some of its recent gains as traders ...