General Motors' decision to pivot away from robotaxis has one big critic: the Cruise founder Kyle Vogt. Vogt, who resigned from the company in 2023, posted on the social-media platform X following ...

GM has effectively decided to shut down Cruise and absorb its teams and autonomous technology. It will focus on developing autonomous systems for personal vehicles rather than public use. This ...

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 ...

About the author: Christopher Tang is a distinguished professor at the UCLA Anderson School of Management. Should GM cut its losses and close its factories in China? Last week, the company told ...

The company made the announcement late Tuesday afternoon, with GM spokesman Kevin Kelly telling the Detroit Free Press that GM sees a better business opportunity with personal vehicle autonomy ...

An icon in the shape of a lightning bolt. Impact Link General Motors is giving up on developing its Cruise robotaxi, citing the resources needed and an "increasingly competitive" market.

Once upon a time, during the post-WWII Eisenhower administration, CEO Charles Wilson of General Motors (NYSE: GM) was nominated for Secretary of Defense. During confirmation hearings before a ...

GMNA's breakeven point of about 10 million-11 million units is drastically lower than it was under old GM. GM may have to see a US recession to prove it can do much better than old GM before the ...

“This is the latest in a series of decisions that GM has announced that underscore our focus on having the right technology for the future of our company and the industry,” Mary ...

Instead, the work being done on autonomous vehicles will be folded into GM’s in-house development of advanced driver assistance systems such as Super Cruise. The move comes despite GM CEO Mary ...

Since then, GM has spent more than $10 billion on the company in a bid to commercialize autonomous vehicle technology via a robotaxi business. GM said in a statement that “the considerable time ...

The decision to instead focus on providing autonomous technology in personal vehicles followed a year of GM trying to refocus and relaunch Cruise after an October 2023 pedestrian crash opened up ...