The recall affects cars equipped with self-driving software versions released before November 5. The company said it has ...
The plans come two months after GM said it would no longer fund Cruise after spending more than $10 billion on the robotaxi unit since acquiring it in 2016. GM cited the increasingly competitive ...
General Motors expects shutting down its Cruise robotaxi unit will lead to $1 billion in annual savings, CEO Mary Barra said during a call with analysts on Tuesday. The move, however, doesn’t ...
making Cruise a fully owned subsidiary. Since 2016, GM has poured $10 billion into its robotaxi unit, once envisioned as a major growth engine, with ambitions to generate $50 billion in revenue by ...
WASHINGTON (Reuters) -Amazon.com's self-driving unit Zoox agreed to recall 258 vehicles due to issues with its automated ...
General Motors Co. is cutting about 50% of the workforce of its former Cruise self-driving car unit just shy of two months after it announced it was shutting the robotaxi arm of Cruise and ...
DETROIT (Reuters) -General Motors said Tuesday it is cutting spending by about $1 billion on troubled robotaxi unit Cruise in 2024, but said it remains committed to the self-driving project.
Industry analysts cite various factors for Cruise's failure ... which is why its exit on robotaxi initiatives was something of a head-scratcher on Wall Street. “It was a little bit of a shocker ...
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 ...
WASHINGTON (Reuters) -Amazon.com's self-driving unit Zoox agreed to recall 258 vehicles ... Self-driving vehicle companies, including General Motors' Cruise and Google-owned Waymo, are under ...
WASHINGTON March 19 (Reuters) - Amazon.com's (AMZN.O), opens new tab self-driving unit Zoox agreed to recall ... certification by Zoox in 2022 of a robotaxi without traditional driving controls ...
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