Most Americans aren’t sold on driverless cars or robotaxis, but they’re coming anyways; Tesla (TSLA), Uber (UBER), and Lyft ...
Waymo, the Bay Area technology company behind self-driving taxis, is doing test drives on San Diego streets – with drivers – ...
The general mood among these heavyweight investors is divided, with 42% leaning bullish and 42% bearish. Among these notable ...
Ford and GM have given up on robotaxis over cost and profitability concerns, the CEO of autonomous driving company May Mobility told BI.
GM just over a year ago said Cruise would be a $50 billion per-year business. The company never made money and its parent ...
General Motors' (GM) autonomous Cruise subsidiary won't be autonomous in the future. GM plans to layoff roughly 50 percent of ...
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Cruise, the autonomous vehicle company, says it is not relaunching its robotaxi service. This news comes after GM announced ...
Now that Cruise is no longer operating a network of autonomous ride-hailing services, GM is winding down its staff while ...
Cruise is laying off about 50% of its workforce, affecting nearly 1,000 employees, as GM shifts focus to other automotive ...
GM warned in December it expected to cut Cruise’s staff as part of a plan to take full control of the company. The automotive giant announced Tuesday it had completed that takeover. GM plans to ...
GM is laying off roughly 1,000 employees at its Cruise autonomous vehicle unit, cutting nearly 50% of its workforce.