Tesla and Alphabet shares slip after setting record closing highs, while Adobe stock falls sharply after the maker of ...

Hyundai has appointed Randy Parker as the new CEO of Hyundai and Genesis Motor North America, effective from 1 January 2025.

General Motors (GM) has announced a major shift in its autonomous vehicle strategy, discontinuing the development of ...

Microsoft takes a financial hit as GM redirects autonomous vehicle plans from robotaxis to consumer-focused solutions.

Microsoft will take an $800 million impairment charge in its second quarter earnings report related to its investment in ...

General Motors needed to exit its Cruise robotaxi business, most Wall Street analysts agreed on Wednesday, but the ...

General Motors is officially exiting the robotaxi business after investing more than $10 billion since 2016, causing ...

Partnerships, job cuts, restructuring in China and dumping Cruise's robotaxi fleet signal that GM is hyperfocused on cost controls going into 2025.

General Motors CEO Mary Barra says she's still bullish on her company's prospects amid challenges with EVs and issues with ...

GM has issued a preliminary service bulletin that includes the GMC Sierra, Yukon, and Yukon XL nameplates, related to ...

Automakers like Ford Motors and Volkswagen had also once made big, billion-dollar bets on the future of ridehail—only to walk ...