Automakers like Ford Motors and Volkswagen had also once made big, billion-dollar bets on the future of ridehail—only to walk ...
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 ...
General Motors is calling it quits on its goal of operating a robotaxi service. On Tuesday, GM announced it would combine its ...
General Motors' Cruise is abandoning its mission to develop robotaxis and shifting its focus to advancing driver-assistance ...
Microsoft announced an $800 million impairment charge due to General Motors' termination of its Cruise autonomous vehicle ...
GM's decision to shut down its Cruise robotaxi program continues to ripple through the market, extending to the self-driving car company's minority ...
After GM pulled the plug on its robotaxi dreams, one expert says driverless cabs remain "really more hype than reality." ...