General Motors said Tuesday it will no longer fund the development of a commercial robotaxi business and will instead absorb its self-driving car subsidiary Cruise and combine it with the ...

DETROIT — General Motors’ move Tuesday to halt funding for its Cruise robotaxi program makes way for Silicon Valley rivals to take a firmer hold of the potentially multibillion-dollar business.

Automotive giant General Motors announced Tuesday that it would be pulling funding from its robotaxi firm Cruise, though it gestured at future plans to continue developing self-driving cars.

SAN FRANCISCO, Dec 11 (Reuters) - General Motors' (GM.N), opens new tab decision to pull the plug on its troubled Cruise robotaxi business highlights the harsh reality facing others still in the ...

Cruise AV, General Motor’s autonomous electric Bolt EV, is seen on Jan. 16, 2019, in Detroit. (AP Photo/Paul Sancya, File) Updated [hour]:[minute] [AMPM] [timezone], [monthFull] [day], [year] DETROIT ...

General Motors is pulling the plug on its efforts to develop a fleet of driverless taxis and will focus on driver-assistance features that require a driver to be ready to take control of the car ...

General Motors, after pouring billions of dollars into its Cruise robotaxi unit over the past eight years, said it’s ending the subsidiary’s stand-alone efforts and will combine it with in ...

General Motors is pivoting from self-driving robotaxies to focus on developing autonomous driving technology for personal vehicles in the future. The company made the announcement late Tuesday ...

About the author: Christopher Tang is a distinguished professor at the UCLA Anderson School of Management. Should GM cut its losses and close its factories in China? Last week, the company told ...

GM has effectively decided to shut down Cruise and absorb its teams and autonomous technology. It will focus on developing autonomous systems for personal vehicles rather than public use. This ...

Effective November 26 th, 2024, GM is releasing special coverage N242454441 for momentary rear wheel lock-up on several full-size trucks and SUVs from the 2020-2022 model years. The special ...