General Motors needed to exit its Cruise robotaxi business, most Wall Street analysts agreed on Wednesday, but the ...
General Motors said Tuesday it will retreat from the robotaxi business and stop funding its money-losing Cruise autonomous vehicle unit. Instead the Detroit automaker will focus on development of ...
And after running up 5.6% on Tuesday, the stock has soared 10% in two sessions. That would be the best two-day performance since it rocketed 15.1% over the two days that ended July 20, 2015. The stock ...
GM has robotaxi technology but no business. Tesla has a business but the tech doesn't work. This issue, along with ...
Uber Technologies Inc. (NYSE: UBER) and Lyft Inc. (NASDAQ: LYFT) shares are trading lower Wednesday following the General ...
General Motors is restructuring Cruise, its self-driving-taxi company, in what amounts to an exit from the robotaxi business ...
General Motors is officially ending its support for Crusie’s beleaguered fleet of self-driving “robotaxis.” In a surprise ...
General Motors Company is halting its Cruise robotaxi project to focus on driver assistance and core ICE and electric vehicle ...
Uber is well-positioned to become the AV marketplace of choice among the many AV fleet operators that will dominate this ...
General Motors' decision to pull the plug on its troubled Cruise robotaxi business highlights the harsh reality facing others ...
Analyst Justin Post of Bank of America Securities reiterated a Buy rating on Uber Technologies (UBER – Research Report), retaining the price ...