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 ...

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

In fact, the current self-driving vehicle trend is a head scratcher for the most devout of free market economists, ...

General Motors said it was abandoning its Cruise driverless ride-hailing service due to its high costs and the scale needed in an increasingly competitive market.

In a report released today, Elizabelle Pang from DBS maintained a Hold rating on General Motors (GM – Research Report), with a price target of ...

The automaker has invested more than $10 billion in Cruise. GM shares rose 3.2% in extended trading on Tuesday. In 2023, GM CEO Mary Barra said the Cruise business could generate $50 billion in ...

The automaker said it will combine Cruise, of which GM is majority owner, and GM technical teams into a single effort to advance autonomous and assisted driving in personal cars. As a result ...

But experts say bowing out is the right choice for the embattled Cruise. The decision to instead focus on providing autonomous technology in personal vehicles followed a year of GM trying to ...

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 ...

Elon Musk was clearly tech’s runaway victor, main protagonist, and antagonist in 2024.

We may earn a commission from links on this page. GM cited the time and resources it would take the scale up Cruise’s robotaxi business as the motivation for the decision, as well as the ...