Automotive giant General Motors announced Tuesday that it would be pulling funding from its robotaxi firm Cruise, though it ...
It was reported Cruise admitted to lying to federal investigators about the event. The news came after the National Highway ...
Microsoft expects to record an impairment charge of around $800 million in the second quarter of fiscal year 2025 over ...
Automakers like Ford Motors and Volkswagen had also once made big, billion-dollar bets on the future of ridehail—only to walk ...
General Motors CEO Mary Barra says she's still bullish on her company's prospects amid challenges with EVs and issues with ...
Partnerships, job cuts, restructuring in China and dumping Cruise's robotaxi fleet signal that GM is hyperfocused on cost controls going into 2025.
General Motors needed to exit its Cruise robotaxi business, most Wall Street analysts agreed on Wednesday, but the ...
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GM Axes Robotaxis, Refocuses On Personal Cars
General Motors (GM) has announced a major shift in its autonomous vehicle strategy, discontinuing the development of ...
After admitting, less than a month ago, that it lied to federal Investigators about one of its robotaxis dragging a woman in ...
Microsoft will take an $800 million impairment charge in its second quarter earnings report related to its investment in ...
General Motors is officially exiting the robotaxi business after investing more than $10 billion since 2016, causing ...
General Motors is calling it quits on its goal of operating a robotaxi service. On Tuesday, GM announced it would combine its ...