Automotive giant General Motors announced Tuesday that it would be pulling funding from its robotaxi firm Cruise, though it ...

It was reported Cruise admitted to lying to federal investigators about the event. The news came after the National Highway ...

Microsoft expects to record an impairment charge of around $800 million in the second quarter of fiscal year 2025 over ...

UnitedHealth Group (UNH) CEO Andrew Witty defended the company’s claim denial practices in a leaked video recorded after the ...

Automakers like Ford Motors and Volkswagen had also once made big, billion-dollar bets on the future of ridehail—only to walk ...

General Motors Company is halting its Cruise robotaxi project to focus on driver assistance and core ICE and electric vehicle ...

General Motors said Tuesday it will no longer fund the development of a commercial robotaxi business and will instead absorb ...

General Motors needed to exit its Cruise robotaxi business, most Wall Street analysts agreed on Wednesday, but the ...

The Cruise founder Kyle Vogt, who resigned from the company in 2023 after a suspension of its robotaxi business, wasn't happy ...

In light of such difficult economics, what made robotaxi the dominant go-to-market strategy for autonomous vehicles? To ...

General Motors' move suggests that billions in funding weren't enough in a still-developing part of the industry that has met with several setbacks and scepticism from wary drivers.

General Motors announces it will shut down Cruise self-driving taxi development as costs and competition mount.