Partnerships, job cuts, restructuring in China and dumping Cruise's robotaxi fleet signal that GM is hyperfocused on cost controls going into 2025.
GM just walked away from its robotaxi dream, bailing on its Cruise business as the price tag became too much to stomach.
GM said it would get out of robotaxis “given the considerable time and resources that would be needed to scale the business..
The automaker says it isn't trying to make money on the project. "We're trying to do the right thing by the RenCen ... and by ...
General Motors needed to exit its Cruise robotaxi business, most Wall Street analysts agreed on Wednesday, but the ...
The automaker's move may attempt to assuage concerns from some lawmakers that it would profit from a redevelopment of its ...
GM said it sees a better business case in developing autonomous technology for personal cars rather than to develop robotaxis ...
Now, GM and Gilbert, along with city, state lawmakers, and others are deciding the future of the towers. GM CEO Mary Barra ...
DETROIT — General Motors’ move Tuesday to halt funding for its Cruise robotaxi program makes way for Silicon Valley rivals to ...
The Detroit Tigers may be done in the free agent starting pitching market after handing over a large one-year deal to Alex ...
General Motors said on Tuesday it will no longer individually fund its Cruise autonomous robotaxi division, instead folding ...
It’s one of those wild twists at a time when many layoffs are buried in a big number. The TikTok, by the way, got 1.6M views.