General Motor's bow out of the robotaxi space leaves only two players with serious skin in the game: Tesla and Waymo.
Its competitor Tesla has faced heat over vehicles crashing into parked firetrucks and police cruisers while self-driving was ...
Mahendra-Rajah, who stepped into the CFO role roughly one year ago, did not address the Cruise news directly but said Uber ...
Waymo One's robotaxis could already be impacting the earnings of Uber and Lyft drivers. Some drivers are concerned about an ...
Uber stock is swinging this week following news that General Motors is restructuring its Cruise unit. Here's what you need to ...
Automakers like Ford Motors and Volkswagen had also once made big, billion-dollar bets on the future of ridehail—only to walk ...
Read here for a discussion of Waymo’s rapid expansion in the autonomous industry, impacting competitors like Uber and Lyft.
American self-driving car company Waymo is outsourcing its fleet management to Moove, a Nigerian-born vehicle financing ...
The automaker is folding Cruise, its San Francisco-based subsidiary, into its in-house efforts to develop autonomous driving ...
General Motors said Tuesday it will retreat from the robotaxi business and stop funding its money-losing Cruise autonomous vehicle unit.Instead the Detroit<a class="excerpt-read-more" href=" More ...
U.S. legacy automaker General Motors GM has announced its exit from the robotaxi business, marking the end of its Cruise division’s ambitious plans to compete in the self-driving ride-hailing market.
GM bought control of San Francisco-based Cruise automation in 2016 with high hopes of developing a profitable fleet of ...