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Forget fully autonomous robotaxis: the route to market for driverless technologies now looks like it could be incremental ...
Uber stock is swinging this week following news that General Motors is restructuring its Cruise unit. Here's what you need to ...
The Detroit auto giant says it’s halting its investment in Cruise’s robotaxi project at $4.4 billion, and integrating its ...
General Motors announced Tuesday it will no longer be funding its Cruise robotaxi operations after years of navigating ...
The company suspended the Cruise self-driving taxi service late last year after a vehicle struck and seriously injured a ...
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GM said it sees a better business case in developing autonomous technology for personal cars rather than to develop robotaxis ...
General Motors (GM) has announced a major shift in its autonomous vehicle strategy, discontinuing the development of ...
Microsoft takes a financial hit as GM redirects autonomous vehicle plans from robotaxis to consumer-focused solutions.
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.
Microsoft will take an $800 million impairment charge in its second quarter earnings report related to its investment in ...