General Motors needed to exit its Cruise robotaxi business, most Wall Street analysts agreed on Wednesday, but the ...
Automakers like Ford Motors and Volkswagen had also once made big, billion-dollar bets on the future of ridehail—only to walk ...
General Motors is officially ending its support for Crusie’s beleaguered fleet of self-driving “robotaxis.” In a surprise ...
Microsoft expects to record an impairment charge of around $800 million in the second quarter of fiscal year 2025 over ...
General Motors Company is halting its Cruise robotaxi project to focus on driver assistance and core ICE and electric vehicle ...
Microsoft warned investors it will book an impairment charge in its fiscal second quarter related to its investment in GM’s ...
General Motors' decision to pull the plug on its troubled Cruise robotaxi business highlights the harsh reality facing others ...
After GM pulled the plug on its robotaxi dreams, one expert says driverless cabs remain "really more hype than reality." ...