How GM’s self-driving strategy is evolving as it gives up on Cruise business

General Motors has bailed on its Cruise robotaxis, citing the amount of time and money needed to scale the business and an “increasingly competitive” market for autonomous vehicles.

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Here’s how much of a hit Microsoft is taking on its investment in GM’s Cruise

Microsoft warned investors it will book an impairment charge in its fiscal second quarter related to its investment in GM’s Cruise robotaxi unit back in 2021.
MarketWatch - 1h
GM to Shut Down Its Cruise Robotaxi Project

The company said it would now focus its efforts on developing fully autonomous vehicles for personal use.
The New York Times - 6h
GM Ends Cruise Robotaxi Efforts and Steers Its Self-Driving Tech to Passenger Cars

The Detroit auto giant says it’s halting its investment in Cruise’s robotaxi project at $4.4 billion, and integrating its technology into its own vehicles’ autonomous driving features.
Inc. - 9h
GM gives up on loss-making Cruise robotaxi business

STORY: General Motors is giving up on its Cruise robotaxi business. The auto giant said Tuesday that it would end development at the loss-making unit, which had once been a top priority. GM said ...
Yahoo Sports - 16h
GM exits robotaxi market, will bring Cruise operations in house

General Motors will no longer fund its Cruise division's robotaxi development, effectively pulling out of the market.
CNBC - 1d
How Online Reviews and Ratings Have Evolved for Customers

Dentists, doctors, professors, dry cleaners: What can’t you rate anymore?
The New York Times - 6d

How GM’s self-driving strategy is evolving as it gives up on Cruise business

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Related

Here’s how much of a hit Microsoft is taking on its investment in GM’s Cruise

GM to Shut Down Its Cruise Robotaxi Project

GM Ends Cruise Robotaxi Efforts and Steers Its Self-Driving Tech to Passenger Cars

GM gives up on loss-making Cruise robotaxi business

GM exits robotaxi market, will bring Cruise operations in house

How Online Reviews and Ratings Have Evolved for Customers

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