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GM, Cruise and robotaxi

TechCrunch · 14h

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 the company’s

Hosted on MSN · 1h

GM's Cruise exit turns focus on challenges of scaling robotaxis

General Motors' decision to pull the plug on its troubled Cruise robotaxi business highlights the harsh reality facing others still in the race: it requires a long-term commitment to perfect the technology and deep pockets to fund it.

GM shifts focus of Cruise autonomous driving from robotaxis to personal vehicles

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

Microsoft will take $800 million charge on Cruise investment

GM Authority · 32m

Microsoft Expects $800 Million Impairment Charge From GM Cruise Robotaxi Operations Shutdown

Microsoft expects an $800 million impairment charge as the result of GM's decision to end Cruise robotaxi operations, redirecting Cruise to personal vehicles.

Bloomberg on MSN · 13h

Microsoft Sees $800 Million Charge on Stake in GM’s Cruise

Microsoft Corp. plans to take an $800 million charge after General Motors Co. said it was shutting down its autonomous taxi initiative.

Wall Street Journal · 12h

Microsoft to Incur $800 Million Charge Tied to Cruise Robotaxi

Microsoft said it will record an $800 million impairment charge tied to its minority investment in General Motors’ now-scrapped Cruise robotaxi program.

5hon MSN

GM Is Restructuring Cruise. Tesla and Waymo Will Fight It Out for the U.S. Robotaxi Market.

Waymo has made a lot of progress with self-driving cabs. It completes more than 150,000 driverless rides a week. Tesla hosted ...

18h

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 ...

16h

GM Halts Cruise’s Robotaxi Development

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

18h

GM is killing Cruise robotaxis

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

20h

Why GM pulled the plug on Cruise after spending $10 billion on robotaxis

After GM pulled the plug on its robotaxi dreams, one expert says driverless cabs remain "really more hype than reality." ...

1d

Seeing no road to profit, GM shutters Cruise

GM bought into Cruise in 2016, when self-driving fever was at its peak. It had lofty goals of deploying robotaxis in a number ...

Hosted on MSN13h

GM shutters Cruise robotaxi project

General Motors is shutting down its Cruise robotaxi project, citing intense competition for self-driving cars and the steep ...

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