GM’s Decision To Exit Cruise Robotaxi Business Welcomed By Industry Analysts
Industry analysts are weighing in on GM's decision to pull out of the Cruise robotaxi business, and they almost unanimously agree that it was a good idea.
GM to exit loss-making Cruise robotaxi business
General Motors said on Tuesday it will end robotaxi development at its majority-owned, money-losing Cruise business, a blow to the ambitions of the largest U.S. automaker which had made the advanced technology unit a top priority.
General Motors ends Cruise robotaxi business in strategic industry exit
General Motors Co. announced today that its Cruise self-driving car unit is exiting the robotaxi business as part of a realignment of the company’s autonomous driving strategy. Under the realignment,
GM’s Cruise robotaxi business is latest growth initiative to falter
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 for growth.
GM ‘blindsides’ Cruise by giving up on robotaxis
Welcome back to Week in Review. This week, we’re looking at GM’s decision to pull out of the robotaxi business, Google alluding to the existence of multiple universes, and how you can make some serious cash by getting an AI bot to fall in love with you.
GM pulls the plug on Cruise robotaxi division
The automaker plans to merge the division with its Super Cruise team to advance its self-driving feature for personal vehicles
GM's Cruise exit turns focus on challenges of scaling robotaxis
General Motors' decision to pull the plug on its troubled Cruise robotaxi business highlights the harsh reality facing others ...
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GM’s Cruise exit frees up cash for buybacks
Investing.com -- General Motors is ending its autonomous vehicle development at its majority-owned, Cruise business, a move expected to save the company over $1 billion annually. “While it’s ...