It's a hard lesson, but extremely valuable, and General Motors ( GM -1.88%) is currently in the process of learning it after ...

General Motors said it would no longer fund its Cruise robotaxi service as it seeks to focus its spending on autonomous vehicle development specifically for personally owned vehicles. Now Cruise ...

GM's shutdown of Cruise was the end of an era for them, but robotaxis are roaring ahead in the U.S. and China — in sharply ...

A retreat in the development of autonomous vehicles was the major news item decelerating the stock of rideshare incumbent ...

Despite General Motor’s decision to shutter its Cruise robotaxi business earlier this month, the U.S. has never been closer ...

The same day that General Motors announced that it would stop funding its beleaguered robotaxi company Cruise, one of China’s ...

“Even though robotaxi deployments have shown impressive capabilities, Cruise found out the hard way that scaling up too fast can lead to serious problems,” Koopman told Yahoo Finance ...

It is not only Detroit. Across the globe, legacy automakers are in the throes of a reckoning that comes as the guts of ...

General Motors said Tuesday it will stop funding and exit robotaxi development at its majority-owned Cruise business, a blow to the automaker that had made the advanced technology unit a top priority.

The automaker is folding Cruise, its San Francisco-based subsidiary, into its in-house efforts to develop autonomous driving for personal vehicles.

General Motors (GM) pulled the plug on its Cruise robotaxi business on Tuesday night, a move marking a dramatic step back in its autonomous ambitions that began eight years ago. GM said it would ...