Tesla (NASDAQ:TSLA) bulls don’t dwell on the challenges facing its auto business. Instead, they see the company’s real value ...
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Hosted on MSNGM Thinks Super Cruise Subscriptions Could Yield $2 Billion In Annual Revenue By 2030General Motors announced that it would be shutting down its Cruise robotaxi division responsible for autonomous vehicle testing and development. The plan was for GM to finish the last round of layoffs ...
Marc Whitten, a longtime tech executive with roots in the Seattle region, has joined Meta to lead a new team working on ...
General Motors (GM) is set to close its plant in the northeastern of Shenyang, China as part of wider restructuring efforts ...
We recently compiled a list of the 12 Best Automotive Stocks to Invest in According to Analysts. In this article, we are ...
The remaining Arizona workers employed by Cruise, the troubled autonomous vehicle unit operated by General Motors, have been told they will soon be out of a job.
GM's Cruise robotaxis have come and gone from Dallas streets without a commercial rollout here. Uber is planning a robotaxi ...
Most Americans aren’t sold on driverless cars or robotaxis, but they’re coming anyways; Tesla (TSLA), Uber (UBER), and Lyft ...
Ford and GM have given up on robotaxis over cost and profitability concerns, the CEO of autonomous driving company May Mobility told BI.
Cruise exit leaves only Tesla and Waymo as contenders in the US robotaxi landscape. GM announced a massive restructuring at its robotaxi venture Cruise, which saw several top executives leaving ...
With Cruise goes the company’s aspiration of using robotaxi fares to help double revenue by 2030. Instead, GM will focus its cash and resources on share buybacks and its electric vehicle ...
GENERAL Motors (GM) is cutting almost half of the workforce in the Cruise driverless car unit, according to an internal memo and sources familiar with the matter, part of a previously announced plan ...
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