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General Motors, Cruise and Robotaxi
General Motors ‘Will No Longer Fund’ Autonomous Vehicle Company Cruise
It was reported Cruise admitted to lying to federal investigators about the event. The news came after the National Highway Traffic Safety Administration hit Cruise with a $1.5 million fine.
General Motors Says It’s Pulling Cruise Out of the Robotaxi Business
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.
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 back those plans later.
13h
Here’s how big a hit Microsoft is taking on its investment in GM’s Cruise
Microsoft warned investors it will book an impairment charge in its fiscal second quarter related to its investment in GM’s ...
22h
General Motors: Cruise Cancellation Is Not A Big Deal
General Motors Company is halting its Cruise robotaxi project to focus on driver assistance and core ICE and electric vehicle ...
15h
Microsoft expects $800 million impairment charge in Q2 2025 over General Motors' Cruise exit
Microsoft expects to record an impairment charge of around $800 million in the second quarter of fiscal year 2025 over ...
14h
GM moves away from the robotaxi business axing Cruise
General Motors is calling it quits on its goal of operating a robotaxi service. On Tuesday, GM announced it would combine its ...
20h
on MSN
GM's Cruise U-turn is a sign of just how hard the robotaxi game really is
After GM pulled the plug on its robotaxi dreams, one expert says driverless cabs remain "really more hype than reality." ...
20h
GM's Cruise robotaxi exit a result of 'serious problems' from scaling too fast and continued high costs
General Motors pulled the plug on its Cruise robotaxi business on Tuesday night, a move marking a dramatic step back in its ...
22h
GM Kills Cruise Robotaxis to Save $1B Annually
GM pulls the funding for its robotaxi program and will focus on autonomous driving for personal vehicles instead.
22h
on MSN
What went wrong with GM's Cruise, and where the pursuit of robotaxis stands
General Motors is pulling out of robotaxis after eight years of pouring money into Cruise's commercial business.
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