Cruise 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 ...
General Motors said it would no longer fund its Cruise robotaxi service as it seeks to focus ... “Consistent with GM’s capital allocation priorities, GM will no longer fund Cruise’s robotaxi ...
GM recently announced that it was dropping plans to launch a new self-driving robotaxi service ... effort at the company’s self-driving tech division, Cruise. Now, according to a new report ...
GM CEO Mary Barra, with the ending of its Cruise robotaxi operations, made it clear that the automaker's growth priorities have shifted amid a broader, industrywide retrench to preserve capital.
“It’s a tough moment for GM ... Cruise has relaunched service with safety drivers in Houston, Phoenix and Dallas, hired Marc Whitten as CEO and updated its safety standards. In February, the ...
GM is halting Cruise robotaxi development, citing the resources needed and growing competition. Cruise was attempting to compete with Alphabet's Waymo ... It has opened its service to the public ...
“A robotaxi business is not General Motors’ core business,” Barra said. “GM's decision to shutter Cruise, after investing over [$10] billion, highlights a stark reality in autonomous ...
General Motors announced Tuesday that it would end funding for its Cruise robotaxi service. The automaker said it would shift ... and the deeper integration of our teams, paired with GM’s strong ...
Last week, GM announced it was pulling the plug on Cruise, the brand's attempt at a self-driving "robotaxi" service, after putting $10 billion during the past decade into the venture. GM spokesman ...
In 2023, Cruise paused all of its driverless operations after collisions led to investigations and a suspension of its licenses in California. When GM ... robotaxi service across multiple U.S ...