In GM’s announcement of the Cruise shutdown, CEO Mary Barra noted that the robotaxi market is becoming “increasingly ...
In 1993, GM had controlling interest in Isuzu and signed a deal to supply its Rodeo to become Honda’s first SUV, rebadged the ...
Waymo may have outlasted Cruise to lead the U.S. market, but domestic competitors are working to catch up, too — most notably ...
It is not only Detroit. Across the globe, legacy automakers are in the throes of a reckoning that comes as the guts of ...
Waymo leads the US robotaxi market in 2024, achieving five million autonomous trips, while Tesla and Zoox strive to compete.
“You’ve got to really understand the cost of running a robotaxi fleet, which is fairly significant, and again, not our core business,” Barra said on an analyst call. GM expects the ...
GM's most recent change came Tuesday when the automaker announced it would walk away from the billions of dollars it invested in Cruise's robotaxi fleet development since 2016 to instead focus on ...
US auto giant General Motors announced Tuesday it will abandon its robotaxi development efforts after a highly publicized ...
Jared Friedman, Y Combinator group partner and early angel investor in Cruise, told BI he spent 4% of his waking hours this ...
As a result, GM said it will no longer fund Cruise’s robotaxi development, given the considerable time and resources needed to scale the business, along with an increasingly competitive robotaxi ...
The automaker is folding Cruise, its San Francisco-based subsidiary, into its in-house efforts to develop autonomous driving for personal vehicles.