cruise gm robotaxi news - Search News

GM, Cruise

Hosted on MSN · 29m

GM's Cruise exit turns focus on challenges of scaling robotaxis

General Motors' decision to pull the plug on its troubled Cruise robotaxi business highlights the harsh reality facing others still in the race: it requires a long-term commitment to perfect the technology and deep pockets to fund it.

TechCrunch · 14h

Cruise employees ‘blindsided’ by GM’s plan to end robotaxi program

The news came by Slack message. Cruise CEO Marc Whitten, who took the top post in June, posted a message Tuesday afternoon in the company’s

Seattle Times · 14h

GM halts funding for Cruise robotaxi program

DETROIT — General Motors’ move Tuesday to halt funding for its Cruise robotaxi program makes way for Silicon Valley rivals to take a firmer hold of the potentially multibillion-dollar business. But experts say bowing out is the right choice for the embattled Cruise.

GM Pulls Plug on Cruise Robotaxi Business

General Motors Says It’s Pulling Cruise Out of the Robotaxi Business

Automotive giant General Motors announced Tuesday that it would be pulling funding from its robotaxi firm Cruise, though it gestured at future plans to continue developing self-driving cars.

GM Pulls The Plug On Its Multibillion-Dollar Robotaxi Bet

The automaker is folding Cruise, its San Francisco-based subsidiary, into its in-house efforts to develop autonomous driving for personal vehicles.

ExtremeTech · 8h

GM Pulls the Plug on Cruise Robotaxi Business

While the world's richest man is going all in with a robotaxi, General Motors has decided to pull the plug on its embryonic autonomous taxis. GM has announced that it will stop shoveling money into Cruise, the robotaxi subsidiary that never managed to make a dime. Instead of taxis, GM plans to focus on autonomous driving for personal vehicles.

15h

GM Halts Cruise’s Robotaxi Development

In light of such difficult economics, what made robotaxi the dominant go-to-market strategy for autonomous vehicles? To ...

4hon MSN

GM Is Restructuring Cruise. Tesla and Waymo Will Fight It Out for the U.S. Robotaxi Market.

Waymo has made a lot of progress with self-driving cabs. It completes more than 150,000 driverless rides a week. Tesla hosted ...

1d

GM scraps Cruise's robotaxi service

GM announced Tuesday that it would no longer be using Cruise LLC funding for developing a robotaxi service, citing increased ...

17h

Cruise founder calls GM 'a bunch of dummies' after automaker shuts down robotaxi startup

The Cruise founder Kyle Vogt, who resigned from the company in 2023 after a suspension of its robotaxi business, wasn't happy ...

Hosted on MSN12h

GM shutters Cruise robotaxi project

General Motors is shutting down its Cruise robotaxi project, citing intense competition for self-driving cars and the steep ...

13h

Uber Stock Slides Again. Investors' Robotaxi Fears Grow After GM Shuts Down Cruise.

Uber stock took another hit Wednesday from investors with robotaxi jitters after GM said it would shut down Cruise.

12h

Microsoft expects $800 million impairment charge in Q2 2025 over General Motors' Cruise exit

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

19hon MSN

GM's Cruise U-turn is a sign of just how hard the robotaxi game really is

After GM pulled the plug on its robotaxi dreams, one expert says driverless cabs remain "really more hype than reality." ...

Some results have been hidden because they may be inaccessible to you

Show inaccessible results