In GM’s announcement of the Cruise shutdown, CEO Mary Barra noted that the robotaxi market is becoming “increasingly ...

GM CEO Mary Barra, with the ending of its Cruise robotaxi operations, made it clear that the automaker's growth priorities have shifted amid a broader, industrywide retrench to preserve capital.

General Motors said it would no longer fund its Cruise robotaxi service as it seeks to focus its spending on autonomous vehicle development specifically for personally owned vehicles. Now Cruise ...

As a result, GM said it will no longer fund Cruise’s robotaxi development, given the considerable time and resources needed to scale the business, along with an increasingly competitive robotaxi ...

along with an increasingly competitive robotaxi market.” The automaker has invested more than $10 billion in Cruise. GM shares rose 3.2% in extended trading on Tuesday. In 2023, GM CEO Mary ...

General Motors (GM) pulled the plug on its Cruise robotaxi business on Tuesday night, a move marking a dramatic step back in its autonomous ambitions that began eight years ago. GM said it would ...

For years, General Motors CEO and Chair Mary Barra has promised a new future for the company, away from a stodgy ...

GM CEO Mary Barra, with the ending of its Cruise robotaxi operations, made it clear that the automaker's growth priorities have shifted amid a broader, industrywide retrench to preserve capital.