General Motors has scrapped its Cruise robotaxi program after nearly a decade ... By 2023, Cruise had begun a driverless ride-hailing service for paying customers in San Francisco.
Scrapping the Cruise robotaxi project will save it more than $1 billion a year, GM said. General Motors (GM) said it was abandoning its Cruise driverless ride-hailing service due to its high costs ...
It's a hard lesson, but extremely valuable, and General Motors ( GM -1.88%) is currently in the process of learning it after ...
This transcript was prepared by a transcription service ... last week, GM said that after investing $10 billion over the last decade, it's killing its Robotaxi program. Speaker 3: Cruise, the ...
The same day that General Motors announced that it would stop funding its beleaguered robotaxi company Cruise, one of China’s ...
Microsoft said it expects to take an impairment charge of roughly $800 million after General Motors halted the development of Cruise autonomous ... that the "robotaxi" service had become too ...
DETROIT (Reuters) - 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 ...