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 ...
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 ...
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 ...
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 ...
General Motors will no longer fund Cruise. GM says launching and maintaining a Robotaxi network is not something that it is interested in doing. The automaker intends to roll Cruise's commercial tech ...
WASHINGTON (Reuters) -U.S. auto safety regulators on Wednesday closed a probe into whether General Motors’ self-driving unit Cruise robotaxis were taking sufficient precautions to safeguard ...