The company suspended the Cruise self-driving taxi service late last year after a vehicle struck and seriously injured a ...
Uber Technologies’ stock rebounded in premarket trading Thursday. On Wednesday, General Motors announced the closure of its ...
GM said it sees a better business case in developing autonomous technology for personal cars rather than to develop robotaxis ...
General Motors (GM) has announced a major shift in its autonomous vehicle strategy, discontinuing the development of ...
Automotive OEM General Motors is exiting the robotaxi business and combining its wholly owned Cruise Automation division into ...
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.
Microsoft expects an $800 million impairment charge as the result of GM's decision to end Cruise robotaxi operations, ...
General Motors CEO Mary Barra says she's still bullish on her company's prospects amid challenges with EVs and issues with ...
GM has halted funding for Cruise's robotaxi program to focus on integrating its technology into GM's own autonomous vehicle ...