It's a hard lesson, but extremely valuable, and General Motors ( GM -1.88%) is currently in the process of learning it after ...

Perhaps this is true every year, but I’ve felt that tech in 2024 was an especially character-driven drama. What’s Elon going ...

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 said Tuesday it will no longer fund the development of a commercial robotaxi business and will instead absorb its self-driving car ...

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 ...

GM CFO Paul Jacobson added that launching and operating a robotaxi service would take a significant amount of capital, beyond the $10 billion or so GM already spent on Cruise.

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 ...

It is not only Detroit. Across the globe, legacy automakers are in the throes of a reckoning that comes as the guts of ...

While there will be additional trim levels of the Silverado EV going forward, for 2024, the electric truck is available in a ...

In 2023, Cruise paused all of its driverless operations after collisions led to investigations and a suspension of its ...