While the world's richest man is going all in with a robotaxi, General Motors has decided to pull the plug on its embryonic ...

GM's decision to shut down its Cruise robotaxi program continues to ripple through the market, extending to the self-driving car company's minority ...

After a year of trying to refocus and relaunch the robotaxi program following an October 2023 pedestrian crash, the automaker ...

Microsoft Corp. plans to take an $800 million charge after General Motors Co. said it was shutting down its autonomous taxi initiative.

The move comes just months after Cruise announced it would restart testing operations in Houston after a staffing shakeup ...

In a regulatory filing, Microsoft (MSFT) stated that in January 2021, Microsoft announced a minority investment in Cruise, an autonomous ...

It was reported Cruise admitted to lying to federal investigators about the event. The news came after the National Highway ...

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

GM has robotaxi technology but no business. Tesla has a business but the tech doesn't work. This issue, along with ...

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

Automotive giant General Motors announced Tuesday that it would be pulling funding from its robotaxi firm Cruise, though it ...

General Motors (GM) has decided to move on from its Cruise driverless ride-hailing service. The automaker said it will no longer fund its ...