Despite being on a comeback, General Motors decided to pull the plug on Cruise on December 10, combining Cruise staff with ...
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 ...
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 ...
instead focusing on building upon the Super Cruise hands-free driver assistance systems already in GM vehicles. General Motors is rethinking its robotaxi dreams, announcing yesterday that it will ...
General Motors will stop funding its Cruise robotaxi business and focus on developing self-driving technology for personal vehicles, the automaker said in a statement on Tuesday. The company noted ...
An icon in the shape of a lightning bolt. Impact Link General Motors' decision to pull the plug on Cruise shows that building a robotaxi business is hard, really expensive — and fraught with risk.
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 ...
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.
General Motors said it was abandoning its Cruise driverless ride-hailing service due to its high costs and the scale needed ...