Microsoft expects $800 million impairment charge in Q2 2025 over General Motors' Cruise exit
General Motors said on Tuesday it is ending robotaxi development, in which it invested more than $10 billion since 2016, ...
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 automaker's decision to do so was still a disappointing end for an operation that GM ...
GM's Cruise exit turns focus on challenges of scaling robotaxis
General Motors' decision to pull the plug on its troubled Cruise robotaxi business highlights the harsh reality facing others still in the race: it requires a long-term commitment to perfect the ...
The end of Cruise is the beginning of a risky new phase for autonomous vehicles
I think this is more a recognition that autonomous vehicle technology is going to take a decade or more to provide driverless ...
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GM CEO Mary Barra: "We have a lot in common" with Trump's agenda
General Motors CEO Mary Barra said Wednesday the automaker is aligned with President-elect Trump's goal of boosting American manufacturing, despite tensions with him when he was first in the White ...