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GM, Cruise and Robotaxi
GM Halts Cruise’s Robotaxi Development
In light of such difficult economics, what made robotaxi the dominant go-to-market strategy for autonomous vehicles? To understand the reasons why, let’s consider the history of AVs. The idea of autonomous vehicles has been around for decades.
GM scraps Cruise's robotaxi service
GM announced Tuesday that it would no longer be using Cruise LLC funding for developing a robotaxi service, citing increased competition in the market.
Cruise employees ‘blindsided’ by GM’s plan to end robotaxi program
The news came by Slack message. Cruise CEO Marc Whitten, who took the top post in June, posted a message Tuesday afternoon in the company’s
5h
on MSN
GM Ends Cruise Robotaxi Efforts and Steers Its Self-Driving Tech to Passenger Cars
The Detroit auto giant says it’s halting its investment in Cruise’s robotaxi project at $4.4 billion, and integrating its ...
21h
Microsoft will take an $800M hit over Cruise robotaxi shutdown
GM's decision to shut down its Cruise robotaxi program continues to ripple through the market, extending to the self-driving ...
7h
on MSN
Uber Stock Is Rebounding Day After GM Scrapped Cruise Robotaxi Program
Uber Technologies’ stock rebounded in premarket trading Thursday. On Wednesday, General Motors announced the closure of its ...
GM Authority
5h
Microsoft Expects $800 Million Impairment Charge From GM Cruise Robotaxi Operations Shutdown
Microsoft expects an $800 million impairment charge as the result of GM's decision to end Cruise robotaxi operations, ...
1d
GM's Cruise U-turn is a sign of just how hard the robotaxi game really is
After GM pulled the plug on its robotaxi dreams, one expert says driverless cabs remain "really more hype than reality." ...
8h
on MSN
GM dumps Cruise robotaxi plans; shifts autonomy work to personal cars
GM said it sees a better business case in developing autonomous technology for personal cars rather than to develop robotaxis ...
16h
on MSN
GM Is Restructuring Cruise. Tesla and Waymo Will Fight It Out for the U.S. Robotaxi Market.
Waymo has made a lot of progress with self-driving cabs. It completes more than 150,000 driverless rides a week. Tesla hosted ...
1d
Cruise founder calls GM 'a bunch of dummies' after automaker shuts down robotaxi startup
The Cruise founder Kyle Vogt, who resigned from the company in 2023 after a suspension of its robotaxi business, wasn't happy ...
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