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Over the years since 2016, when GM acquired the robotaxi startup, the automaker has plowed more than $10 billion into Cruise. General Motors had grounded its fleet at the end of last year after an ...
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 ...
(Reuters) -General Motors said on Tuesday it will end robotaxi development at its majority-owned, money-losing Cruise business, a blow to the ambitions of the largest U.S. automaker which had made ...
General Motors' decision to pull the plug on its troubled Cruise robotaxi business highlights the harsh reality facing others still in the race: it requires a long-term commitment to perfect the ...
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.
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 ...
Cruise contends its cars enhance road safety overall. More than 40,000 people are killed each year in car crashes in the United States, the company told The News & Observer in August, almost all ...
Cruise was supposed to be the shiny new piece of technology that could reposition $57 billion General Motors from a legacy automaker into a true, innovative Tesla rival for the auto industry's ...