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GM, Robotaxi and Cruise
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 technology into its own vehicles’ autonomous driving features.
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 for Cruise.
GM to Retreat From Robotaxis and Stop Funding Its Cruise Autonomous Vehicle Unit
General Motors says it will retreat from the robotaxi business and stop funding its money-losing Cruise autonomous vehicle unit
Cruise, Robotaxi and Microsoft
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 car company's minority
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 gestured at future plans to continue developing self-driving cars.
Microsoft to Incur $800 Million Charge Tied to Cruise Robotaxi
Microsoft said it will record an $800 million impairment charge tied to its minority investment in General Motors’ now-scrapped Cruise robotaxi program.
1d
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 ...
18h
GM quits 'robotaxi' business but others push on
After admitting, less than a month ago, that it lied to federal Investigators about one of its robotaxis dragging a woman in ...
23h
Honda cuts funding to robotaxi venture with Cruise and GM in Japan
Honda Motor Co. will stop funding a joint venture with General Motors and Cruise to launch a robotaxi service in Japan, now ...
1d
GM Pulls The Plug On Its Multibillion-Dollar Robotaxi Bet
The automaker is folding Cruise, its San Francisco-based subsidiary, into its in-house efforts to develop autonomous driving ...
1d
on MSN
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 ...
1d
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 ...
4h
on MSN
Tesla just lost one of its key autopilot execs to an Amazon-backed robotaxi rival
Zheng Gao, an eight-year veteran at the Elon Musk-run automaker, is departing for rival robotaxi builder Zoox, the company ...
5h
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 ...
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