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

General Motors ( GM) , once hailed as a formidable rival for Tesla ( TSLA) in the race to roll out a driverless car ahead of ...

General Motors (GM) has decided to abandon its ambitious self-driving robotaxi project after investing billions, opting ...

General Motors will stop funding its Cruise robotaxi business and focus on developing self-driving technology for personal ...

The automaker is folding Cruise, its San Francisco-based subsidiary, into its in-house efforts to develop autonomous driving ...

General Motors announced Tuesday that it is slamming the brakes on its Cruise robotaxi program, dealing a blow to the ...

Carmaker cites competition, time and costs needed to scale the business.

The decision to shut down GM subsidiary Cruise is a major blow to an automaker that was once seen as a leader in autonomous-driving technology.

General Motor's bow out of the robotaxi space leaves only two players with serious skin in the game: Tesla and Waymo.

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