GM's shutdown of Cruise was the end of an era for them, but robotaxis are roaring ahead in the U.S. and China — in sharply ...
General Motors settled a class action lawsuit claiming that GM’s Duramax diesel engines contained faulty fuel pumps. The suit ...
Barra declined to say how many Cruise employees could be moved over to GM. Costly business Rivals still in the emerging robotaxi industry include deep-pocketed developers such as Alphabet’s ...
In 2023, Cruise paused all of its driverless operations after collisions led to investigations and a suspension of its ...
In fact, the current self-driving vehicle trend is a head scratcher for the most devout of free market economists, ...
General Motors said it was abandoning its Cruise driverless ride-hailing service due to its high costs and the scale needed ...
In 1993, GM had controlling interest in Isuzu and signed a deal to supply its Rodeo to become Honda’s first SUV, rebadged the ...
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’ decision on Tuesday to focus on driver-assist systems highlights the challenges with the robotaxi business model. GM announced its decision to stop funding Cruise. GM plans to ...
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 ...