General Motors pulling the plug on autonomous taxi biz hits Redmond in the wallet Microsoft is among those in the blast ...
The Detroit auto giant says it’s halting its investment in Cruise’s robotaxi project at $4.4 billion, and integrating its ...
General Motors announced Tuesday it will no longer be funding its Cruise robotaxi operations after years of navigating ...
The company suspended the Cruise self-driving taxi service late last year after a vehicle struck and seriously injured a ...
Hyundai has appointed Randy Parker as the new CEO of Hyundai and Genesis Motor North America, effective from 1 January 2025.
General Motors (GM) has announced a major shift in its autonomous vehicle strategy, discontinuing the development of ...
Microsoft takes a financial hit as GM redirects autonomous vehicle plans from robotaxis to consumer-focused solutions.
Microsoft will take an $800 million impairment charge in its second quarter earnings report related to its investment in ...
General Motors is officially exiting the robotaxi business after investing more than $10 billion since 2016, causing ...
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 CEO Mary Barra says she's still bullish on her company's prospects amid challenges with EVs and issues with ...