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 ...
GM Is Restructuring Cruise. Tesla and Waymo Will Fight It Out for the U.S. Robotaxi Market.
Waymo has made a lot of progress with self-driving cabs. It completes more than 150,000 driverless rides a week. Tesla hosted ...
Automotive News3h
GM still working toward autonomy as Cruise robotaxi effort ends, CEO Mary Barra says
FLOODED OUT: How Linamar navigated Hurricane Helene’s devastating impact in North Carolina ...
News Highlights: Top Company News of the Day - Wednesday at 11 PM ET
Adobe forecast first-quarter revenue between $5.63 billion to $5.68 billion, below Wall Street's consensus. The president-elect had blasted the tech tycoon during the presidential campaign, but ties ...
GM quits 'robotaxi' business but others push on
After admitting, less than a month ago, that it lied to federal Investigators about one of its robotaxis dragging a woman in ...
GM Authority6h
‘GM Are A Bunch Of Dummies,’ Says Cruise Co-Founder Kyle Vogt
Cruise co-founder and former CEO Kyle Vogt had some choice words for GM on X after the company announced it was pulling out of the robotaxi venture.
Wall Street mostly upbeat on GM's decision to pull the plug on Cruise
General Motors needed to exit its Cruise robotaxi business, most Wall Street analysts agreed on Wednesday, but the ...
ExtremeTech7h
GM Pulls the Plug on Cruise Robotaxi Business
While the world's richest man is going all in with a robotaxi, General Motors has decided to pull the plug on its embryonic ...
The end of Cruise is the beginning of a risky new phase for autonomous vehicles
I think this is more a recognition that autonomous vehicle technology is going to take a decade or more to provide driverless ...
GM Authority9h
GM’s Cruise Employees Informed Of Robotaxi Operations Shutdown Via Slack
GM recently announced a forthcoming restructuring effort at its autonomous vehicle technology division, Cruise, leaving employees unsure over their future.
Dallas Innovates9h
GM Scraps Its Cruise Robotaxi Service After Resuming Dallas Testing
Cruise robotaxis first popped up on Dallas streets in October 2023 following the start of operations with public riders in Austin. But a Cruise-involved pedestrian crash in San Francisco put ...