Uber stock extended its weekly losses to 7.27% after news broke that General Motors would be shutting down its autonomous ...
General Motors is officially exiting the robotaxi business after investing more than $10 billion since 2016, causing ...
Microsoft expects an $800 million impairment charge as the result of GM's decision to end Cruise robotaxi operations, ...
Automakers like Ford Motors and Volkswagen had also once made big, billion-dollar bets on the future of ridehail—only to walk ...
FLOODED OUT: How Linamar navigated Hurricane Helene’s devastating impact in North Carolina ...
After admitting, less than a month ago, that it lied to federal Investigators about one of its robotaxis dragging a woman in ...
While the world's richest man is going all in with a robotaxi, General Motors has decided to pull the plug on its embryonic ...
I think this is more a recognition that autonomous vehicle technology is going to take a decade or more to provide driverless ...
GM recently announced a forthcoming restructuring effort at its autonomous vehicle technology division, Cruise, leaving employees unsure over their future.
Shares of Lyft should find more support from the stock’s 200-day moving average currently at $14.78, but that support will ...
Cruise robotaxis first popped up on Dallas streets in October 2023 following the start of operations with public riders in Austin. But a Cruise-involved pedestrian crash in San Francisco put ...
After a year of trying to refocus and relaunch the robotaxi program following an October 2023 pedestrian crash, the automaker ...