Industry analysts cite various factors for Cruise's failure ... which is why its exit on robotaxi initiatives was something of a head-scratcher on Wall Street. More: Ford cracks down on drugs ...

Tesla claims it will have a two-door robotaxi due "before 2027," but that seems highly unlikely. In December 2024, GM killed its Cruise robotaxi project after dumping $10 billion in the startup it ...

General Motors is laying off roughly half of its employees who remain at its discontinued Cruise robotaxi business. The plans come two months after GM said it would no longer fund Cruise after ...

General Motors (GM) is laying off around half of the workforce from its discontinued Cruise robotaxi business, following its decision to shut down the segment in December. The layoffs comes nearly ...

General Motors expects shutting down its Cruise robotaxi unit will lead to $1 billion in annual savings, CEO Mary Barra said during a call with analysts on Tuesday. The move, however, doesn’t ...