US closes probe into GM Cruise self-driving vehicles
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GM Pulls Funding From Cruise Robotaxi ServiceCruise has been in the middle of numerous controversies, but the latest one might have contributed to GM’s pulling funding. The robotaxi service was just hit with a $500,000 criminal fine from ...
GM recently announced that it was dropping plans to launch a new self-driving robotaxi service, instead opting ... s self-driving tech division, Cruise. Now, according to a new report, ...
General Motors announced Tuesday that it would end funding for its Cruise robotaxi service. The automaker said it would shift its focus to the development of advanced driver-assistance systems ...
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Cruise’s robotaxi service will shut down as GM pulls its fundingGeneral Motors said it would no longer fund its Cruise robotaxi service as it seeks to focus autonomous vehicle development on personally owned vehicles. GM said Cruise employees would be ...
The Detroit-based automaker’s robotaxi efforts had been run by a company called Cruise, of which GM owns 90%. Many of the Cruise employees who have worked on self-driving technology will be ...
After spending more than $10 billion on its robotaxi unit, General Motors is abandoning its Cruise driverless ride-hailing service. The Detroit automaker on Tuesday said it will no longer fund ...
Since GM purchased a controlling stake in Cruise for $581m in 2016, the robotaxi service accumulated more than $10bn in operating losses while generating less than $500m in revenue, according ...
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