Competition from Waymo and Amazon, coupled with operational challenges, led to GM's decision to drop Cruise. Read more on the ...

Automotive giant General Motors announced Tuesday that it would be pulling funding from its robotaxi firm Cruise, though it ...

For many in the low-vision community, self-driving cars represent the zenith of accessibility; no longer must we be at the ...

Microsoft expects to record an impairment charge of around $800 million in the second quarter of fiscal year 2025 over ...

General Motors announced Tuesday that it is slamming the brakes on its Cruise robotaxi program, dealing a blow to the ...

Here are some of the major companies whose stocks moved on the week’s news.

General Motors Company is halting its Cruise robotaxi project to focus on driver assistance and core ICE and electric vehicle ...

General Motors will stop funding its Cruise robotaxi business and focus on developing self-driving technology for personal ...

Plus, the auto industry closes out 2024 with a nasty "hangover" after riding high during the pandemic.

Automakers like Ford Motors and Volkswagen had also once made big, billion-dollar bets on the future of ridehail—only to walk ...

The automaker has sunk billions into making a self-driving car service work. Now it says it will focus on “personal” autonomous vehicles instead.

UnitedHealth Group (UNH) CEO Andrew Witty defended the company’s claim denial practices in a leaked video recorded after the ...