Key Takeaways Microsoft said it expects to take an impairment charge of roughly $800 million after General Motors halted the ...

GM said it sees a better business case in developing autonomous technology for personal cars rather than to develop robotaxis ...

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

In light of such difficult economics, what made robotaxi the dominant go-to-market strategy for autonomous vehicles? To ...

General Motors said Tuesday it will no longer fund the development of a commercial robotaxi business and will instead absorb ...

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

DETROIT — General Motors’ move Tuesday to halt funding for its Cruise robotaxi program makes way for Silicon Valley rivals to ...

General Motors is giving up on robotaxis eight years after taking control of Cruise in an increasingly competitive market for ...

General Motors is officially ending its support for Crusie’s beleaguered fleet of self-driving “robotaxis.” In a surprise ...

General Motors said on Tuesday it will no longer individually fund its Cruise autonomous robotaxi division, instead folding ...

Microsoft warned investors it will book an impairment charge in its fiscal second quarter related to its investment in GM’s ...

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