A law firm is investigating whether certain GM officers and directors may have breached their fiduciary duties in connection ...
The Tuesday announcement that GM is halting additional funding of Cruise’s robotaxi development and repositioning its work to support the carmaker’s own self-driving tech closes a long and very ...
General Motors said it was abandoning its Cruise driverless ride-hailing service due to its high costs and the scale needed in an increasingly competitive market. The automaker said the Cruise team ...
General Motors' Cruise robotaxi mapping unit returned to the Bay Area in September, about a year after one of its cars hit a pedestrian. That didn't last long, though, as GM announced today that it ...
The Cruise founder Kyle Vogt criticized GM's decision to pull robotaxi funding. GM's decision to divest from Cruise comes as other tech giants forge ahead with robotaxi plans. Investors have appeared ...
Detroit — General Motors Co.'s move Tuesday to halt funding for its Cruise LLC robotaxi program makes way for Silicon Valley rivals to take a firmer hold of the potentially multi-billion-dollar ...
General Motors announced Tuesday that it would end funding for its Cruise robotaxi service. The automaker said it would shift its focus to the development of advanced driver-assistance systems, ...
GM says that more and more owners end up subscribing to its hands-free automated driving assistance system. And it has big plans ahead. After General Motors pulled the curtains on its Cruise robotaxi ...
DETROIT — For years, General Motors CEO and Chair Mary Barra has promised a new future for the company, away from a stodgy metal-bending automaker into a tech-driven, forward-thinking company poised ...
Nisha Gopalan is a former Senior Overnight Assignment Editor for Investopedia News. She is an award-winning financial journalist who has worked in London, where she is currently based, and Hong Kong.