GM ‘blindsides’ Cruise by giving up on robotaxis TechCrunchFrom growth to gone: GM’s Cruise robotaxi business is latest growth initiative to falter CNBCWith General Motors pulling the plug on Cruise, every American automaker except Tesla has called it quits on robotaxis FortuneGM scrapped its $50 billion robotaxi dream, ceding game to Tesla and Waymo AxiosGM proves that big moves are restructuring on the fly as uncertainty looms in 2025 USA TODAY

BING NEWS:
  • GM ‘blindsides’ Cruise by giving up on robotaxis
    Several Cruise employees told TechCrunch they were “blindsided” by the decision. GM acquired Cruise in 2016 for $1 billion and has since spent more than $10 billion on the company’s efforts.  OpenAI ...
    12/14/2024 - 8:17 am | View Link
  • 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 its self-driving car ...
    12/11/2024 - 6:04 am | View Link
  • Why GM pulled the plug on Cruise after spending $10 billion on robotaxis
    General Motors is giving up on robotaxis eight years after taking control of Cruise in an increasingly competitive market for driverless cars.
    12/11/2024 - 2:41 am | View Link
  • GM ends support for Cruise robotaxis
    GM is giving up on its Cruise robotaxi subsidiary. The company announced today that it will fold Cruise into its own in-house technical team. Under the new strategy, this single unit will focus for ...
    12/10/2024 - 9:23 am | View Link
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