gm robotaxi news - Search News

robotaxi, GM and Tesla

Hosted on MSN · 2h

GM scrapped its $50 billion robotaxi dream, ceding game to Tesla and Waymo

GM just walked away from its robotaxi dream, bailing on its Cruise business as the price tag became too much to stomach. Between the lines: GM can't afford — the cost or the distraction — to work on a moonshot when its core business needs fixing.

Seeking Alpha on MSN · 11h

Robotaxi reset: Cruise's pivot has big implications for Uber, Tesla, and Waymo

Uber Technologies (NYSE:UBER) is being watched closely after General Motors (GM) announced that it is realigning its autonomous vehicle strategy to focus on building an advanced driver assistance system for its personal vehicles.

TechCrunch on MSN · 5h

GM is giving up on Cruise robotaxis, pivots to personal autonomous vehicles

General Motors said Tuesday it will no longer fund the development of a commercial robotaxi business and will instead absorb its self-driving car subsidiary Cruise and combine it with the automaker’s own efforts to develop driver assistance features — and eventually fully autonomous personal vehicles.

Cruise, GM and Microsoft

Hosted on MSN · 2h

Microsoft will take $800 million charge on Cruise investment as GM exits robotaxi business

Microsoft will take an $800 million charge on its investment in the Cruise robotaxi business after General Motors announced it would no longer fund the initiative as part of a shift in its autonomous driving strategy.

TechCrunch · 22m

Microsoft will take an $800M hit over Cruise robotaxi shutdown

GM's decision to shut down its Cruise robotaxi program continues to ripple through the market, extending to the self-driving car company's minority

GM moves away from the robotaxi business axing Cruise

General Motors is calling it quits on its goal of operating a robotaxi service. On Tuesday, GM announced it would combine its teams working on the

5h

Cruise employees ‘blindsided’ by GM’s plan to end robotaxi program

The news came by Slack message. Cruise CEO Marc Whitten, who took the top post in June, posted a message Tuesday afternoon in ...

8h

GM Pulls The Plug On Its Multibillion-Dollar Robotaxi Bet

The automaker is folding Cruise, its San Francisco-based subsidiary, into its in-house efforts to develop autonomous driving ...

8h

Cruise founder calls GM 'a bunch of dummies' after automaker shuts down robotaxi startup

The Cruise founder Kyle Vogt, who resigned from the company in 2023 after a suspension of its robotaxi business, wasn't happy ...

4h

GM Falls Despite Robotaxi U-Turn. Its Self-Driving Car Rival Pops.

General Motors abandoned its ambitious and costly Cruise robotaxi development on Tuesday and several analysts reacted ...

10h

Cruise-ing To Nowhere: GM Halts Cruise’s Robotaxi Development

A Cruise driverless robotaxi operating in San Francisco, California on ... [+] July 24, 2023. Anadolu Agency via General ...

22h

GM scraps Cruise's robotaxi service

GM announced Tuesday that it would no longer be using Cruise LLC funding for developing a robotaxi service, citing increased ...

9h

GM shuts down robotaxi project to focus on autonomous vehicles

General Motors (GM) said Tuesday that it will no longer fund the development of robotaxis and instead focus on creating fully ...

9hon MSN

GM Calls It Quits on Mary Barra’s $50 Billion Robotaxi Dream

General Motors Co. Chief Executive Officer Mary Barra, clad in her signature leather jacket and masked up pandemic style, ...

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