Despite being on a comeback, General Motors decided to pull the plug on Cruise on December 10, combining Cruise staff with ...
Here are some of the major companies whose stocks moved on the week’s news.
For years, General Motors CEO and Chair Mary Barra has promised a new future for the company, away from a stodgy ...
Automakers like Ford Motors and Volkswagen had also once made big, billion-dollar bets on the future of ridehail—only to walk ...
Carmaker cites competition, time and costs needed to scale the business.
General Motors ( GM) , once hailed as a formidable rival for Tesla ( TSLA) in the race to roll out a driverless car ahead of ...
The driverless ride-hailing service was supposed to be the shining star of GM’s growth plans, leading to $50 billion in ...
Industry analysts are weighing in on GM's decision to pull out of the Cruise robotaxi business, and they almost unanimously ...
General Motor's bow out of the robotaxi space leaves only two players with serious skin in the game: Tesla and Waymo.
General Motors' move suggests that billions in funding weren't enough in a still-developing part of the industry that has met ...
After admitting, less than a month ago, that it lied to federal Investigators about one of its robotaxis dragging a woman in ...