GM, Cruise
GM ends Cruise robotaxi business to refocus on core priorities
General Motors has shut down its Cruise robotaxi business after investing over $10 billion since 2016. Once seen as a potential $50 billion revenue driver, Cruise faced high costs, regulatory setbacks, and increasing competition from Waymo.
The Cruise founder Kyle Vogt, who resigned from the company in 2023 after a suspension of its robotaxi business, wasn't happy ...
GM said it sees a better business case in developing autonomous technology for personal cars rather than to develop robotaxis ...
Industry analysts are weighing in on GM's decision to pull out of the Cruise robotaxi business, and they almost unanimously ...
GM revamps its autonomous strategy, integrating Cruise with GM teams to streamline development, cut costs by $1B annually, and scale AV tech for fleets and consumers.
General Motors said Tuesday it will no longer fund the development of a commercial robotaxi business and will instead absorb ...
GM announced Tuesday that it would no longer be using Cruise LLC funding for developing a robotaxi service, citing increased ...
General Motors is pulling out of robotaxis after eight years of pouring money into Cruise's commercial business.
As a result, GM fired Vogt, halted robotaxi services and scrapped plans to manufacture a line of Cruise-branded autonomous ...
DETROIT — General Motors’ move Tuesday to halt funding for its Cruise robotaxi program makes way for Silicon Valley rivals to ...
Waymo has made a lot of progress with self-driving cabs. It completes more than 150,000 driverless rides a week. Tesla hosted ...
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