GM to Stop Funding Development of Cruise Robotaxis
General Motors said on Tuesday it will stop funding development of robotaxis at its majority-owned Cruise business, a blow to the automaker that had made the advanced technology unit a top priority. GM said it would not fund work on the robotaxis "given the considerable time and resources that would be needed to scale the business,
Uber Technologies’ stock rebounded in premarket trading Thursday. On Wednesday, General Motors announced the closure of its ...
The automaker is folding Cruise, its San Francisco-based subsidiary, into its in-house efforts to develop autonomous driving ...
The Cruise founder Kyle Vogt, who resigned from the company in 2023 after a suspension of its robotaxi business, wasn't happy ...
General Motors pulled the plug on its Cruise robotaxi business on Tuesday night, a move marking a dramatic step back in its ...
Partnerships, job cuts, restructuring in China and dumping Cruise's robotaxi fleet signal that GM is hyperfocused on cost controls going into 2025.
Instead, the Detroit automaker will focus on development of partially automated driver-assist systems like its Super Cruise, ...
GM said it sees a better business case in developing autonomous technology for personal cars rather than to develop robotaxis ...
General Motors (GM) said Tuesday that it will no longer fund the development of robotaxis and instead focus on creating fully ...
Waymo has made a lot of progress with self-driving cabs. It completes more than 150,000 driverless rides a week. Tesla hosted ...
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