Despite being on a comeback, General Motors decided to pull the plug on Cruise on December 10, combining Cruise staff with ...

Automotive giant General Motors announced Tuesday that it would be pulling funding from its robotaxi firm Cruise, though it ...

GM's exit resets the robotaxi race, with Waymo's proven leadership and Tesla's bold ambitions setting the stage for intense ...

Here are some of the major companies whose stocks moved on the week’s news.

Microsoft expects to record an impairment charge of around $800 million in the second quarter of fiscal year 2025 over ...

General Motors ( GM) , once hailed as a formidable rival for Tesla ( TSLA) in the race to roll out a driverless car ahead of ...

The automaker is folding Cruise, its San Francisco-based subsidiary, into its in-house efforts to develop autonomous driving ...

Carmaker cites competition, time and costs needed to scale the business.

General Motor's bow out of the robotaxi space leaves only two players with serious skin in the game: Tesla and Waymo.

Automakers like Ford Motors and Volkswagen had also once made big, billion-dollar bets on the future of ridehail—only to walk ...

Industry analysts are weighing in on GM's decision to pull out of the Cruise robotaxi business, and they almost unanimously ...

After admitting, less than a month ago, that it lied to federal Investigators about one of its robotaxis dragging a woman in ...