GM said it sees a better business case in developing autonomous technology for personal cars rather than to develop robotaxis ...
A few days ago, GM announced that it would stop funding the Cruise division that it acquired in 2016. They had reportedly been having issues since the announcement of their Origin taxies in 2022 ...
General Motors said Tuesday it will stop funding and exit robotaxi development at its majority-owned Cruise business, a blow to the automaker that had made the advanced technology unit a top priority.
GM has cut funding to Cruise and will merge the self-driving technology startup with its own technical teams GM will continue developing self-driving technology for use in privately owned vehicles ...
Cruise, which previously operated as a subsidiary, will now be fully absorbed by GM. That’s all a major departure for the driverless car company which had its sights set on offering paid ...
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.
GM revamps its autonomous strategy, integrating Cruise with GM teams to streamline development, cut costs by $1B annually, and scale AV tech for fleets and consumers.
General Motors announced Tuesday that it would end funding for its Cruise robotaxi service. The automaker said it would shift its focus to the development of advanced driver-assistance systems ...
GM says it will retreat from the robotaxi business and stop funding its money-losing Cruise autonomous vehicle unit DETROIT -- GM says it will retreat from the robotaxi business and stop funding ...
DETROIT — General Motors said Tuesday it will retreat from the robotaxi business and stop funding its money-losing Cruise autonomous vehicle unit. Instead the Detroit automaker will focus on ...
General Motors said it was abandoning its Cruise driverless ride-hailing service due to its high costs and the scale needed in an increasingly competitive market. The automaker said the Cruise ...