General Motors will no longer fund its Cruise division's robotaxi development, the company said on Tuesday. The Detroit automaker cited the increasingly competitive robotaxi market, capital allocation ...
Cruise, which is laying off 24% of its workforce, has quickly gone from one of General Motors' greatest business opportunities to a growing liability. The self-driving vehicle subsidiary has ...
GM to stop funding Cruise due to competitive market CEO Barra emphasizes focus on future technology Cruise agreed to pay $500,000 fine for false report in crash investigation Dec 10 (Reuters) - ...
General Motors’ GM autonomous vehicle (AV) unit, Cruise, is set to operate a commercial taxi service of self-driving cars in San Francisco. In a unanimous decision, Cruise has been awarded a ...