General Motors Co. showed as much this week with confirmation it’s quitting Cruise LLC's robotaxi program after pumping $10 billion into it and seeing nothing but more of the same for years to come.
General Motors said Tuesday it will no longer fund the development of a commercial robotaxi business and will instead absorb its self-driving car subsidiary Cruise and combine it with the ...
Ferrari will supply engines and transmissions to the new GM/Cadillac Formula 1 team starting in 2026, subject to the FIA and F1 accepting and approving the eleventh team to race in the F1 World ...
SAN FRANCISCO, Dec 11 (Reuters) - General Motors' (GM.N), opens new tab decision to pull the plug on its troubled Cruise robotaxi business highlights the harsh reality facing others still in the ...
General Motors is pulling the plug on its efforts to develop a fleet of driverless taxis and will focus on driver-assistance features that require a driver to be ready to take control of the car ...
General Motors, after pouring billions of dollars into its Cruise robotaxi unit over the past eight years, said it’s ending the subsidiary’s stand-alone efforts and will combine it with in ...
Detroit — General Motors Co.'s move Tuesday to halt funding for its Cruise LLC robotaxi program makes way for Silicon Valley rivals to take a firmer hold of the potentially multi-billion-dollar ...
About the author: Christopher Tang is a distinguished professor at the UCLA Anderson School of Management. Should GM cut its losses and close its factories in China? Last week, the company told ...
A BEST bus driver in Mumbai, unfamiliar with automatic transmission, crashed an electric bus, killing seven and injuring 42. He admitted discomfort with the vehicle, suggesting confusion may have ...
GM has effectively decided to shut down Cruise and absorb its teams and autonomous technology. It will focus on developing autonomous systems for personal vehicles rather than public use. This ...