It's a hard lesson, but extremely valuable, and General Motors ( GM -2.90%) is currently in the process of learning it after ...

General Motors said Tuesday it will no longer fund the development of a commercial robotaxi business and will instead absorb ...

General Motors (NYSE: GM) recently announced it is ending its Cruise robotaxi business in order to focus on autonomous ...

instead focusing on building upon the Super Cruise hands-free driver assistance systems already in GM vehicles. General Motors is rethinking its robotaxi dreams, announcing yesterday that it will ...

General Motors will stop funding its Cruise robotaxi business and focus on developing self-driving technology for personal vehicles, the automaker said in a statement on Tuesday. The company noted ...

Since General Motors acquired the San Francisco self-driving-tech developer Cruise in 2016, the Detroit automaker has poured more than $8 billion into creating a robotaxi service. Now GM is ...

General Motors Company is halting its Cruise robotaxi project to focus on driver assistance and core ICE and electric vehicle production. I previously rated GM stock a strong buy due to double ...

An icon in the shape of a lightning bolt. Impact Link General Motors' decision to pull the plug on Cruise shows that building a robotaxi business is hard, really expensive — and fraught with risk.

General Motors said it was abandoning its Cruise driverless ride-hailing service due to its high costs and the scale needed ...

Automotive giant General Motors announced Tuesday that it would be pulling funding from its robotaxi firm Cruise, though it gestured at future plans to continue developing self-driving cars.