Workers at a GM plant can be seen walking behind the company's logo. (Roosevelt Cassio/Reuters ... December its plans to halt funding for Cruise's robotaxi program after investing $10 billion ...
Waymo, the Bay Area technology company behind self-driving taxis, is doing test drives on San Diego streets – with drivers – as part of its broader effort to refine the technology in new landscapes.
Waymo, the Bay Area technology company behind self-driving taxis, is doing test drives on San Diego streets – with drivers – ...
GM is closing its subsidiary Cruise, which has been developing self-driving cars. GM is only taking on around half of the ...
General Motors announced major layoffs at Cruise, its robotaxi venture, as it moves away from robotaxis following an unfortunate event in Las Vegas last year. About 1,000 employees have been put ...
General Motors (GM) is laying off around half of the workforce from its discontinued Cruise robotaxi business, following its decision to shut ...
Tesla (NASDAQ:TSLA) bulls don’t dwell on the challenges facing its auto business. Instead, they see the company’s real value ...
This move comes after GM revealed in December that it would cease funding the Cruise robotaxi business. GM’s decision to cease development of robotaxis was part of a broader internal cost ...
About 88% of remaining employees are in engineering or related roles, and impacted employees were given 60 days’ notice.
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 ...