GM’s Cruise robotaxi business is latest growth initiative to falter
For years, General Motors CEO and Chair Mary Barra has promised a new future for the company, away from a stodgy ...
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 ...
GM to exit from robotaxis, ends funding for autonomous vehicle unit
General Motors announced that it will exit the robotaxi business and stop funding its loss-making Cruise autonomous vehicle ...
ET Auto3h
Wall Street mostly upbeat on GM's decision to pull the plug on Cruise
The largest U.S. automaker on Tuesday pulled the plug on Cruise after evaluating the continued investments needed in a ...
GM Authority18h
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 ...
Malaysia Sun22h
GM to stop funding Cruise autonomous vehicle unit, exit from robotaxis
General Motors announced that it will exit the robotaxi business and stop funding its loss-making Cruise autonomous vehicle ...
Automakers thrived in the pandemic. Many are now struggling.
A few years ago, automakers were celebrating record profits as the pandemic created shortages of new cars, allowing them to ...