GM just over a year ago said Cruise would be a $50 billion per-year business. The company never made money and its parent ...

As a result, GM said it will no longer fund Cruise’s robotaxi development, given the considerable time and resources needed to scale the business, along with an increasingly competitive robotaxi ...

Last July, GM ended the development of the purpose-built, box-shaped Origin robotaxi, which did not have a steering wheel, or brake and accelerator pedals. At the time, GM pledged to concentrate ...

Discover how Waymo, Alphabet's self-driving subsidiary, is revolutionizing autonomous ride-hailing with unmatched tech ...

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 ...

In December 2024, GM announced it will not fund further Cruise robotaxi efforts and in 2025 will merge some Cruise people and technology with GM's SuperCruise to pursue Level 3 and Level 4 AVs for ...

Late in 2024 when General Motors (NYSE: GM) announced it would no longer fund robotaxi development with its majority-owned Cruise business, some investors considered it a blow to its long-term ...

By February 2025, the service has expanded to nearly 80 square miles, and Waymo began testing its driverless operations on ...

His new bill proposes to provide a 200% tax deduction for wages paid to American auto workers earning up to $150,000 a year.

After a series of operational setbacks, GM pulled the plug on its Cruise robotaxi business late in 2024. The company had invested $10 billion since acquiring Cruise in 2016.

Select riders can now call a self-driving taxi in Mountain View, Los Altos, Palo Alto, and parts of Sunnyvale. Is the Alphabet-owned company looking to get ahead of Tesla's robotaxi ambitions?