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GM, Cruise
From growth to gone: GM’s Cruise robotaxi business is latest growth initiative to falter
The driverless ride-hailing service was supposed to be the shining star of GM's growth plans, leading to $50 billion in revenue by the end of this decade.
GM ends Cruise robotaxi business to refocus on core priorities
General Motors has shut down its Cruise robotaxi business after investing over $10 billion since 2016. Once seen as a potential $50 billion revenue driver, Cruise faced high costs, regulatory setbacks, and increasing competition from Waymo.
GM pulls plug on Cruise robotaxi after investing more than $10B in self-driving business
GM cited “considerable time and resources that would be needed to scale the business, along with an increasingly competitive robotaxi market.”
GM ‘blindsides’ Cruise by giving up on robotaxis
Welcome back to Week in Review. This week, we’re looking at GM’s decision to pull out of the robotaxi business, Google alluding to the existence of multiple universes, and how you can make some serious cash by getting an AI bot to fall in love with you.
GM pulls the plug on Cruise robotaxi division
The automaker plans to merge the division with its Super Cruise team to advance its self-driving feature for personal vehicles
5d
on MSN
Cruise founder calls GM 'a bunch of dummies' after automaker shuts down robotaxi startup
The Cruise founder Kyle Vogt, who resigned from the company in 2023 after a suspension of its robotaxi business, wasn't happy ...
6d
GM dumps Cruise robotaxi plans; shifts autonomy work to personal cars
GM said it sees a better business case in developing autonomous technology for personal cars rather than to develop robotaxis ...
GM Authority
1d
GM’s Decision To Exit Cruise Robotaxi Business Welcomed By Industry Analysts
Industry analysts are weighing in on GM's decision to pull out of the Cruise robotaxi business, and they almost unanimously ...
1h
GM investors plug into electrified growth story amid uncertain road
General Motors has won Yahoo Finance's Surprise of the Year award. So what's next for the auto icon? GM CEO Mary Barra shares ...
5d
GM is giving up on Cruise robotaxis, pivots to personal autonomous vehicles
General Motors said Tuesday it will no longer fund the development of a commercial robotaxi business and will instead absorb ...
Automotive Fleet
21h
GM Kills Cruise Robotaxi Service, Opts to Advance Super Cruise
GM revamps its autonomous strategy, integrating Cruise with GM teams to streamline development, cut costs by $1B annually, and scale AV tech for fleets and consumers.
6d
on MSN
GM scraps Cruise's robotaxi service
GM announced Tuesday that it would no longer be using Cruise LLC funding for developing a robotaxi service, citing increased ...
6d
What went wrong with GM's Cruise
General Motors is pulling out of robotaxis after eight years of pouring money into Cruise's commercial business.
5d
GM halts funding for Cruise robotaxi program
DETROIT — General Motors’ move Tuesday to halt funding for its Cruise robotaxi program makes way for Silicon Valley rivals to ...
4d
on MSN
GM Is Restructuring Cruise. Tesla and Waymo Will Fight It Out for the U.S. Robotaxi Market.
Waymo has made a lot of progress with self-driving cabs. It completes more than 150,000 driverless rides a week. Tesla hosted ...
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robotaxi
General Motors
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