Despite being on a comeback, General Motors decided to pull the plug on Cruise on December 10, combining Cruise staff with ...
Automotive giant General Motors announced Tuesday that it would be pulling funding from its robotaxi firm Cruise, though it ...
Here are some of the major companies whose stocks moved on the week’s news.
General Motors ( GM) , once hailed as a formidable rival for Tesla ( TSLA) in the race to roll out a driverless car ahead of ...
Carmaker cites competition, time and costs needed to scale the business.
Automakers like Ford Motors and Volkswagen had also once made big, billion-dollar bets on the future of ridehail—only to walk ...
General Motor's bow out of the robotaxi space leaves only two players with serious skin in the game: Tesla and Waymo.
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General Motors is walking away from the robotaxi market, announcing it will shut down its Cruise driverless ride-hailing ...
After admitting, less than a month ago, that it lied to federal Investigators about one of its robotaxis dragging a woman in ...
Industry analysts are weighing in on GM's decision to pull out of the Cruise robotaxi business, and they almost unanimously ...
General Motors Co. announced today that its Cruise self-driving car unit is exiting the robotaxi business as part of a ...