San Francisco, California - After admitting, less than a month ago, that it lied to federal Investigators about one of its robotaxis dragging a woman in San Francisco as well as paying a $1.5 ...

General Motors said Tuesday it will stop funding and exit robotaxi development at its majority-owned Cruise business, a blow to the automaker that had made the advanced technology unit a top priority.

General Motors' white flag in the robotaxi race on Tuesday just made the autonomous ride-sharing competition much smaller in the US, showing how challenging it can be for companies, even with the ...

Cruise, GM's autonomous driving division that had aimed to launch a dedicated robotaxi, will be shut down by the first half of next year. GM pointed to the costs needed to scale a robotaxi ...

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 ...

Roundabouts. They trapped Clark Griswold in “National Lampoon’s European Vacation” and now they’ve tripped up a Waymo robotaxi. A video is circulating on social media showing a Waymo ...

General Motors (GM) pulled the plug on its Cruise robotaxi business on Tuesday night, a move marking a dramatic step back in its autonomous ambitions that began eight years ago. GM said it would ...

Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks For instance, while there’s been plenty of excitement around the robotaxi, Bernstein analyst Toni Sacconaghi ...

GM has bowed out of the robotaxi race for now, halting its investment in Cruise. Only a few companies have made significant strides in the autonomous taxi space. Tesla and Waymo are the two ...