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GM pulls plug on Cruise robotaxi division
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
GM pulls plug on Cruise robotaxi after investing more than $10B in self-driving business
GM cited “considerable time and resources that would be needed to scale the business, along with an increasingly competitive robotaxi market.”
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 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.
GM Authority
10h
GM’s Decision To Exit Cruise Robotaxi Business Welcomed By Industry Analysts
Industry analysts are weighing in on GM's decision to pull out of the Cruise robotaxi business, and they almost unanimously ...
4d
GM is giving up on Cruise robotaxis, pivots to personal autonomous vehicles
General Motors said Tuesday it will no longer fund the development of a commercial robotaxi business and will instead absorb ...
4d
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 ...
Des Moines Register
5d
GM dumps Cruise robotaxi plans; shifts autonomy work to personal cars
The automaker said it will combine
Cruise
, of which
GM
is majority owner, and
GM
technical teams into a single effort ...
GM Authority
4d
‘GM Are A Bunch Of Dummies,’ Says Cruise Co-Founder Kyle Vogt
Cruise co-founder and former CEO Kyle Vogt had some choice words for GM on X after the company announced it was pulling out ...
4d
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 ...
Government Technology
4d
GM Puts the Brakes on Cruise, Turns to Autonomous Tech
After a year of trying to refocus and relaunch the robotaxi program following an October 2023 pedestrian crash, the automaker ...
1d
on MSN
GM ‘blindsides’ Cruise by giving up on robotaxis
Several
Cruise
employees told TechCrunch they were “blindsided” by the decision.
GM
acquired
Cruise
in 2016 for $1 ...
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