During a conference call with the media, General Motors stated that pursuing the robotaxi business was unsustainable “given the considerable time and resources that would be needed to scale the ...

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

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 ...

The GM CEO was interviewed during an Automotive Press Association gathering in Detroit, her first significant interview since the election.

"Eliminating the need for negotiation," Amazon Autos now offers online automotive shopping from Hyundai dealers across major metros nationwide, including Dallas and three other Texas cities. The ...

GM recently announced a forthcoming restructuring effort at its autonomous vehicle technology division, Cruise, leaving employees unsure over their future.

Shares of Lyft should find more support from the stock’s 200-day moving average currently at $14.78, but that support will ...

Cruise robotaxis first popped up on Dallas streets in October 2023 following the start of operations with public riders in Austin. But a Cruise-involved pedestrian crash in San Francisco put ...

After a year of trying to refocus and relaunch the robotaxi program following an October 2023 pedestrian crash, the automaker ...

General Motors' Cruise is abandoning its mission to develop robotaxis and shifting its focus to advancing driver-assistance ...

General Motors announced this week that it will no longer pursue the Cruise robotaxi business. (Cruise Photo) Microsoft will take an $800 million charge ...

Tesla shares rose to all-time highs after General Motors abandoned its Cruise self-driving car program, clearing the competitive field for Tesla and rival Alphabet. Shares of Alphabet, which owns the ...