The company expects losses will narrow with its battery-powered vehicles, a reorganization of the China business will lead to ...
General Motors expects to save up to $1 billion annually by ending its Cruise robotaxi development program, CEO and Chair ...
The Detroit company, bailed out of bankruptcy during the Great Recession, said it was folding the Cruise technology and team ...
Cruise's chief executive left the firm shortly after a high-profile accident in 2023, which led to the NHTSA's investigation ...
US auto safety regulators ended a federal investigation into Cruise robotaxis without taking action, removing an overhang weeks after General Motors Co. decided to shutter the struggling business.
The agency noted that no versions of its Cruise self-driving vehicles were operating on public roads. GM said in December it was ending robotaxi development at its majority-owned, money-losing ...
U.S. auto safety regulators on Wednesday closed a probe into whether General Motors' self-driving unit Cruise robotaxis were ...
Five of those incidents involved a collision between a Cruise robotaxi and a pedestrian, with three injuries in total. “In ...
Why It Matters: In December, GM said it would no longer fund Cruise‘s robotaxi development but instead combine the majority-owned unit into its technical teams. The robotaxi development work ...
General Motors on Tuesday posted fourth-quarter 2024 results and a 2025 earnings forecast ahead of Wall Street expectations ...