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GM, robotaxi
From growth to gone: GM’s Cruise robotaxi business is latest growth initiative to falter
The driverless ride-hailing service was supposed to be the shining star of GM's growth plans, leading to $50 billion in revenue by the end of this decade.
GM pulls the plug on Cruise robotaxi division
The automaker plans to merge the division with its Super Cruise team to advance its self-driving feature for personal vehicles
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
General Motors Says It’s Pulling Cruise Out of the Robotaxi Business
Automotive giant General Motors announced Tuesday that it would be pulling funding from its robotaxi firm Cruise, though it gestured at future plans to continue developing self-driving cars.
GM halts funding for Cruise robotaxi program
DETROIT — General Motors’ move Tuesday to halt funding for its Cruise robotaxi program makes way for Silicon Valley rivals to take a firmer hold of the potentially multibillion-dollar business. But experts say bowing out is the right choice for the embattled Cruise.
GM scraps Cruise's robotaxi service
GM announced Tuesday that it would no longer be using Cruise LLC funding for developing a robotaxi service, citing increased competition in the market.
GM ‘blindsides’ Cruise by giving up on robotaxis
Welcome back to Week in Review. This week, we’re looking at GM’s decision to pull out of the robotaxi business, Google alluding to the existence of
GM Pulls Funding From Cruise Robotaxi Service
In an announcement that’s shocked many, GM has said it will no longer provide funding for Cruise, its robotaxi service. Instead, the automaker says it’s pouring resources into autonomous driving and driver assistance technologies for passenger vehicles sold to private individuals.
2d
on MSN
GM Ends Cruise Robotaxi Efforts and Steers Its Self-Driving Tech to Passenger Cars
The Detroit auto giant says it’s halting its investment in Cruise’s robotaxi project at $4.4 billion, and integrating its ...
3d
Microsoft will take an $800M hit over Cruise robotaxi shutdown
GM's decision to shut down its Cruise robotaxi program continues to ripple through the market, extending to the self-driving ...
3d
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 ...
Des Moines Register
4d
GM dumps Cruise robotaxi plans; shifts autonomy work to personal cars
As a result, GM said it will no longer fund
Cruise
’s
robotaxi
development, given the considerable time and resources ...
3d
on MSN
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 ...
3d
GM's Cruise robotaxi exit a result of 'serious problems' from scaling too fast and continued high costs
General Motors pulled the plug on its Cruise robotaxi business on Tuesday night, a move marking a dramatic step back in its ...
2d
on 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 ...
1d
on MSN
The winner of the robotaxi race will come down to a few players. Here's why.
General Motor's bow out of the robotaxi space leaves only two players with serious skin in the game: Tesla and Waymo.
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