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2. GM takes full control of Cruise in autonomous personal ...

   www.aol.com/news/gm-takes-full-control-cruise...

   General Motors said on Tuesday it had completed the full acquisition of its Cruise business to focus on developing the autonomous technology for personal vehicles not robotaxis. The Detroit ...

3. Why GM pulled the plug on Cruise after spending $10 billion ...

   www.aol.com/gms-cruise-u-turn-sign-143222553.html

   GM's decision shows that time and money may not be enough when it comes to robotaxis. General Motors' decision to pull the plug on Cruise shows that building a robotaxi business is hard, really ...

4. GM's Cruise robotaxi exit a result of 'serious problems' from ...

   www.aol.com/finance/gms-cruise-robotaxi-exit...

   A General Motors Cruise self-driving car, often referred to as a robotaxi, drives in front of the Ferry Building on the Embarcedero, San Francisco, Calif., Aug. 17, 2023.

5. GM to retreat from robotaxis and stop funding its Cruise ...

   www.aol.com/gm-retreat-robotaxis-stop-funding...

   Since GM bought a controlling stake in Cruise for $581 million in 2016, the robotaxi service piled up more than $10 billion in operating losses while bringing in less than $500 million in revenue ...

6. GM to exit loss-making Cruise robotaxi business - AOL

   www.aol.com/news/gm-stop-funding-development...

   The automaker has invested more than $10 billion in Cruise since 2016. Cruise will be folded into its group working on driver assistance technology. GM to exit loss-making Cruise robotaxi business

7. General Motors to stop funding its Cruise robotaxi business - AOL

   www.aol.com/finance/general-motors-stop-funding...

   General Motors had grounded its fleet at the end of last year after an incident in which one of its robotaxis ran over a pedestrian, then dragged the woman for 20 feet. Regulators had accused the ...

8. Cruise (autonomous vehicle) - Wikipedia

   en.wikipedia.org/wiki/Cruise_(autonomous_vehicle)

   Cruise forms the core of GM's self-driving efforts. [17] Upon acquisition, Cruise had around 40 employees. [11] In a September 2016 interview with Darrell Etherington at the San Francisco TechCrunch Disrupt conference, Vogt confirmed that the company had over 100 employees. [18]

9. Cruise founder calls GM 'a bunch of dummies' after ... - AOL

   www.aol.com/cruise-founder-calls-gm-bunch...

   Still, some investors seemed to welcome GM's decision to pull Cruise's funding in favor of $2 billion in annual savings, sending GM's stock price up more than 3% in after-hours trading Tuesday ...