general motors gm news

GM, Cruise and robotaxi

General Motors ‘Will No Longer Fund’ Autonomous Vehicle Company Cruise

It was reported Cruise admitted to lying to federal investigators about the event. The news came after the National Highway Traffic Safety Administration hit Cruise with a $1.5 million fine.

TechCrunch · 5h

GM is giving up on Cruise robotaxis, pivots to personal autonomous vehicles

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

The Hill · 10h

GM shuts down robotaxi project to focus on autonomous vehicles

General Motors (GM) said Tuesday that it will no longer fund the development of robotaxis and instead focus on creating fully autonomous personal vehicles. Cruise, GM’s self-driving car

GM Pulls Plug On Its Multibillion-Dollar Robotaxi Bet

Gizmodo · 7h

General Motors Says It’s Pulling Cruise Out of the Robotaxi 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.

BBC on MSN · 23h

General Motors pulls plug on robotaxi project

General Motors has announced that it will stop funding the development of the Cruise self-driving taxi. The company says it will now "refocus autonomous driving development on personal vehicles". GM also pointed to the increasingly competitive robotaxi market as a reason for the move.

Forbes · 1d

GM Pulls The Plug On Its Multibillion-Dollar Robotaxi Bet

The automaker is folding Cruise, its San Francisco-based subsidiary, into its in-house efforts to develop autonomous driving for personal vehicles.

Wall Street mostly upbeat on GM's decision to pull the plug on Cruise

General Motors needed to exit its Cruise robotaxi business, most Wall Street analysts agreed on Wednesday, but the ...

GM CEO Barra says Trump administration and automaker share many goals

Barra said she looks forward to working with the Trump administration and expects he will listen to GM's input on regulations.

14h

General Motors works with materials startup to revolutionize electric car batteries — and it could change everything about your next vehicle

General Motors has teamed up with a materials science startup with the goal of enhancing performance and increasing the ...

Dallas Innovates1h

GM Scraps Its Cruise Robotaxi Service After Resuming Dallas Testing

Cruise robotaxis first popped up on Dallas streets in October 2023 following the start of operations with public riders in Austin. But a Cruise-involved pedestrian crash in San Francisco put ...

GM moves away from the robotaxi business axing Cruise

General Motors is calling it quits on its goal of operating a robotaxi service. On Tuesday, GM announced it would combine its ...

cbtnews2h

General Motors’ Cruise ditches robotaxis to invest in driver-assistance features

General Motors' Cruise is abandoning its mission to develop robotaxis and shifting its focus to advancing driver-assistance ...

Microsoft expects $800 million impairment charge in Q2 2025 over General Motors' Cruise exit

Microsoft expects to record an impairment charge of around $800 million in the second quarter of fiscal year 2025 over ...

Hosted on MSN2h

GM scrapped its $50 billion robotaxi dream, ceding game to Tesla and Waymo

GM just walked away from its robotaxi dream, bailing on its Cruise business as the price tag became too much to stomach.

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