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GM, Cruise
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 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 ends Cruise robotaxi business to refocus on core priorities
General Motors has shut down its Cruise robotaxi business after investing over $10 billion since 2016. Once seen as a potential $50 billion revenue driver, Cruise faced high costs, regulatory setbacks, and increasing competition from Waymo.
GM ‘blindsides’ Cruise by giving up on robotaxis
Welcome back to Week in Review. This week, we’re looking at GM’s decision to pull out of the robotaxi business, Google alluding to the existence of multiple universes, and how you can make some serious cash by getting an AI bot to fall in love with you.
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
17h
Why GM Ditched Cruise Driverless: Software-Driven Cars Mean Big Bucks
Here's one reason why GM ditched Cruise robotaxis: carmakers will earn more than half of their revenue from software and ...
GM Authority
8h
GM Finally Acknowledging Cruise Robotaxis Are Not Safe, Says Teamsters Union
Following GM's announcement that it will no longer develop Cruise robotaxis, the Teamsters has stated that autonomous tech ...
6d
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
7d
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
2d
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 ...
7d
What went wrong with GM's Cruise
General Motors is pulling out of robotaxis after eight years of pouring money into Cruise's commercial business.
6d
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 ...
7d
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 ...
6d
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 ...
5d
on MSN
GM Is Restructuring Cruise. Tesla and Waymo Will Fight It Out for the U.S. Robotaxi Market.
Waymo has made a lot of progress with self-driving cabs. It completes more than 150,000 driverless rides a week. Tesla hosted ...
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robotaxi
General Motors
Mary Barra
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