Scrapping the Cruise robotaxi project will save it more than $1 billion a year, GM said. General Motors (GM) said it was abandoning its Cruise driverless ride-hailing service due to its high costs ...

Cruise will not be relaunching its robotaxi service, according to a Feb. 4 letter to users. General Motors announced it has completed its full acquisition of Cruise and said in December it would ...

Misrepresentations can inflate stock prices, harm shareholders when the truth emerges, and trigger securities fraud investigations by regulators like the SEC or private plaintiffs," said Joseph Falcon ...

General Motors on Tuesday named a veteran technology executive with roots in the video game industry to steer its troubled robotaxi service Cruise as it tries to recover from a gruesome collision ...

General Motors Co’s Cruise autonomous driving business is preparing to resume testing its robotaxis with safety drivers in Phoenix, marking an important step in its attempts to resume service ...

FILE PHOTO: General Motors' Cruise unveils wheelchair-accessible robotaxi at an event in San Francisco, California, U.S., September 14, 2023. REUTERS/Abhirup Roy/File Photo ...

Photo by: General Motors The automaker closed its Cruise robotaxi division last year after a major accident led to the service being suspended. But GM said during its Q4 and full year 2024 ...

A Honda spokesperson said its separate partnership with GM and its Cruise unit would not be impacted by a recent safety incident in California which led to a suspension of the robotaxi firm’s ...