Microsoft announced an $800 million impairment charge due to General Motors' termination of its Cruise autonomous vehicle ...
After admitting, less than a month ago, that it lied to federal Investigators about one of its robotaxis dragging a woman in ...
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.
General Motors needed to exit its Cruise robotaxi business, most Wall Street analysts agreed on Wednesday, but the ...
Trump and the co-leader of the yet-to-be-established Department of Government Efficiency (DOGE) and Tesla (TSLA) CEO Elon ...
While the world's richest man is going all in with a robotaxi, General Motors has decided to pull the plug on its embryonic ...
Automakers like Ford Motors and Volkswagen had also once made big, billion-dollar bets on the future of ridehail—only to walk ...
GM's decision to shut down its Cruise robotaxi program continues to ripple through the market, extending to the self-driving car company's minority ...
Barra said she looks forward to working with the Trump administration and expects he will listen to GM's input on regulations.
GM recently announced a forthcoming restructuring effort at its autonomous vehicle technology division, Cruise, leaving employees unsure over their future.
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 ...
After a year of trying to refocus and relaunch the robotaxi program following an October 2023 pedestrian crash, the automaker ...