General Motors Says It’s Pulling Cruise Out of the Robotaxi Business
Automotive giant General Motors announced Tuesday that it would be pulling funding from its robotaxi firm Cruise, though it ...
General Motors ‘Will No Longer Fund’ Autonomous Vehicle Company Cruise
It was reported Cruise admitted to lying to federal investigators about the event. The news came after the National Highway ...
General Motors works with materials startup to revolutionize electric car batteries — and it could change everything about your next vehicle
General Motors has teamed up with a materials science startup with the goal of enhancing performance and increasing the ...
Why Is General Motors (GM) the Best Self-Driving Technology Stock to Buy According to Hedge Funds?
We recently published a list of 10 Best Self-Driving Technology Stocks To Buy According to Hedge Funds. In this article, we ...
GM CEO Barra says Trump administration and automaker share many goals
Barra said she looks forward to working with the Trump administration and expects he will listen to GM's input on regulations.
GM moves away from the robotaxi business axing Cruise
General Motors is calling it quits on its goal of operating a robotaxi service. On Tuesday, GM announced it would combine its ...
Microsoft expects $800 million impairment charge in Q2 2025 over General Motors' Cruise exit
Microsoft expects to record an impairment charge of around $800 million in the second quarter of fiscal year 2025 over ...
General Motors to stop funding Cruise autonomous vehicle unit
UnitedHealth Group (UNH) CEO Andrew Witty defended the company’s claim denial practices in a leaked video recorded after the ...
Money Morning8h
Lyft Stock Drops on GM Robotaxi News: Key Support Levels Hold, But Risks Loom
Shares of Lyft should find more support from the stock’s 200-day moving average currently at $14.78, but that support will ...
DBusiness Magazine9h
General Motors Drops Robotaxi R&D to Expand Fully Autonomous Personal Vehicles
General Motors Co. in Detroit has announced the realignment of its autonomous driving strategy by developing advanced driver ...
General Motors Scraps Cruise Robotaxi Program
Carmaker cites competition, time and costs needed to scale the business.
GM's Cruise robotaxi exit a result of 'serious problems' from scaling too fast and continued high costs
General Motors pulled the plug on its Cruise robotaxi business on Tuesday night, a move marking a dramatic step back in its ...