It's a hard lesson, but extremely valuable, and General Motors (NYSE: GM) is currently in the process of learning it after ...

General Motors settled a class action lawsuit claiming that GM’s Duramax diesel engines contained faulty fuel pumps. The suit ...

Despite General Motors' decision to shutter its Cruise robotaxi business earlier this month, the U.S. has never been closer ...

Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating ...

General Motors is rethinking its robotaxi dreams, announcing yesterday that it will no longer fund the development of a dedicated robotaxi under the Cruise division. Cruise, established in 2013 ...

© 2024 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and ...

General Motors Company is halting its Cruise robotaxi project to focus on driver assistance and core ICE and electric vehicle production. I previously rated GM stock a strong buy due to double ...

The US robotaxi industry has witnessed seismic shifts in 2024, marking a pivotal year in its journey toward mass adoption.

If Waymo and Tesla are able to stand up profitable robotaxi businesses, General Motors could end up looking back on Cruise as ...

General Motors said on Tuesday it will end robotaxi development at its majority-owned, money-losing Cruise business, a blow to the ambitions of the largest US automaker which had made the advanced ...

Since General Motors acquired the San Francisco self-driving-tech developer Cruise in 2016, the Detroit automaker has poured more than $8 billion into creating a robotaxi service. Now GM is ...

General Motors will no longer fund Cruise. GM says launching and maintaining a Robotaxi network is not something that it is interested in doing. The automaker intends to roll Cruise's commercial ...