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 ...
US auto safety regulators ended a federal investigation into Cruise robotaxis without taking action, removing an overhang ...
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 ...
Last month GM said that it will retreat from the robotaxi business and stop funding its money-losing Cruise autonomous ...
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, ...
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 its ...
The NHTSA said on Wednesday that it has closed its probe into Cruise robotaxis in light of the company ceasing business ...
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 to ...