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.
General Motors ( GM) , once hailed as a formidable rival for Tesla ( TSLA) in the race to roll out a driverless car ahead of ...
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 ...
After admitting, less than a month ago, that it lied to federal Investigators about one of its robotaxis dragging a woman in ...
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Industry analysts are weighing in on GM's decision to pull out of the Cruise robotaxi business, and they almost unanimously ...
Honda Motor Co. will stop funding a joint venture with General Motors and Cruise to launch a robotaxi service in Japan, now ...
General Motors is calling it quits on its goal of operating a robotaxi service. On Tuesday, GM announced it would combine its ...
General Motors is officially exiting the robotaxi business after investing more than $10 billion since 2016, causing ...