Microsoft will take an $800 million charge on its investment in the Cruise robotaxi business after General Motors announced ...

Tesla shares rose to all-time highs after General Motors abandoned its Cruise self-driving car program, clearing the competitive field for Tesla and rival Alphabet. Shares of Alphabet, which owns the ...

As of this week there’s a new distinction between the two US carmakers: only one wants to be a robotaxi company. General Motors has shelved its goal of building and managing a fleet of autonomous ...

Microsoft warned investors it will book an impairment charge in its fiscal second quarter related to its investment in GM’s ...

The US automotive group General Motors is giving up its autonomous robotaxi business, which was bundled in the Cruise division, after investing billions.

General Motors Co. in Detroit has announced the realignment of its autonomous driving strategy by developing advanced driver ...

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

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

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

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 development of ...

Safety advocate and attorney Amy Witherite, whose firm specializes in motor vehicle accidents, says that General Motor’s decision to halt its Cruise r ...

All Star Toyota of Baton Rouge offers new and used cars. Its inventory includes brands like Nissan and Toyota. The company also offers maintenance services. The dealership provides a $500 rebate for ...