Competition from Waymo and Amazon, coupled with operational challenges, led to GM's decision to drop Cruise. Read more on the ...
Automakers like Ford Motors and Volkswagen had also once made big, billion-dollar bets on the future of ridehail—only to walk ...
General Motors ( GM) , once hailed as a formidable rival for Tesla ( TSLA) in the race to roll out a driverless car ahead of ...
General Motors Company is halting its Cruise robotaxi project to focus on driver assistance and core ICE and electric vehicle ...
Microsoft expects to record an impairment charge of around $800 million in the second quarter of fiscal year 2025 over ...
Here are some of the major companies whose stocks moved on the week’s news.
General Motors is pulling out of robotaxis after eight years of pouring money into Cruise's commercial business.