General Motors’ Decision To ‘No Longer Fund’ Cruise Is A Loss For Accessibility, Too
For many in the low-vision community, self-driving cars represent the zenith of accessibility; no longer must we be at the ...
GM Ditches Cruise — Are Robotaxis Dead?
Forget fully autonomous robotaxis: the route to market for driverless technologies now looks like it could be incremental ...
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Tesla Dominance Secures Spot in Deutsche Bank's Top Auto Picks
Deutsche Bank identifies Volkswagen, BMW, Tesla, and BYD as standout picks for 2025, highlighting key trends like ...
GM Ends Cruise Robotaxi Efforts and Steers Its Self-Driving Tech to Passenger Cars
The Detroit auto giant says it’s halting its investment in Cruise’s robotaxi project at $4.4 billion, and integrating its ...
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GM scuttles tumultuous robotaxi business
Automotive OEM General Motors is exiting the robotaxi business and combining its wholly owned Cruise Automation division into ...
Big moves show that GM is restructuring on the fly as uncertainty looms in 2025
Partnerships, job cuts, restructuring in China and dumping Cruise's robotaxi fleet signal that GM is hyperfocused on cost controls going into 2025.
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Uber Stock Rises as GM Cancels Robotaxi Plans
GM has halted funding for Cruise's robotaxi program to focus on integrating its technology into GM's own autonomous vehicle ...
With General Motors pulling the plug on Cruise, every American automaker except Tesla has called it quits on robotaxis
Automakers like Ford Motors and Volkswagen had also once made big, billion-dollar bets on the future of ridehail—only to walk ...
Microsoft Expects $800 Million Impairment Charge Due To GM's Cruise Exit, Analyst Says It's A 'Step In The Right Direction' For Automaker
Microsoft Corp (NASDAQ: MSFT) has said that it will be recording an impairment charge of approximately $800 million in the ...
Why Is NVIDIA Corporation (NVDA) the Best Self-Driving Technology Stock to Buy According to Hedge Funds?
We recently published a list of 10 Best Self-Driving Technology Stocks To Buy According to Hedge Funds. In this article, we ...
Microsoft Sees $800 Million Charge on Stake in GM’s Cruise
Microsoft Corp. plans to take an $800 million charge after General Motors Co. said it was shutting down its autonomous taxi ...
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GM Abandons $50 Billion Robotaxi Ambition, Shifts Cruise Focus to Personal Vehicles
General Motors has made a pivotal decision to abandon its ambitious robotaxi venture under Cruise, a self-driving subsidiary it acquired in 2016. After spending nearly $10 billion over a decade to ...