General 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 combined ...

General Motors will no longer fund Cruise. GM says launching and maintaining a Robotaxi network is not something that it is interested in doing. The automaker intends to roll Cruise's commercial ...

General Motors announced Tuesday that it would end funding for its Cruise robotaxi service. "Cruise has been an early innovator in autonomy, and the deeper integration of our teams, paired with GM’s ...

Three weeks after Cruise’s Oct. 2 accident, the California Department of Motor Vehicles effectively shut down the robotaxi service by suspending its license to operate in the state. California ...

With Cruise goes the company’s aspiration of using robotaxi fares to help double revenue by 2030. Instead, GM will focus its cash and resources on share buybacks and its electric vehicle ...

General Motors Co. is cutting about half of the workforce in the Cruise driverless car unit, the company confirmed Tuesday — part of a previously announced plan to halt robotaxi service and ...

General Motors GM 0.40 % increase; green up pointing triangle has scrapped its Cruise robotaxi program after nearly a decade and $10 billion in development, citing the time and costs needed to ...

Cruise has also tested a robotaxi service in Los Angeles, as well as cities like Phoenix and Austin. While the California Department of Motor Vehicles’ didn't elaborate on specific reasons for ...

General Motors reported earlier this week that it had lost more than $1.9 billion on its Cruise division so far this year. California’s regulators shut down Cruise’s robotaxi service in San ...

General Motors Co.’s autonomous-vehicle business, Cruise, plans to resume service gradually after a series of missteps led it to halt all robotaxi operations last month. Skip to content ...