GM’s Cruise robotaxi business is latest growth initiative to falter

For years, General Motors CEO and Chair Mary Barra has promised a new future for the company, away from a stodgy metal-bending automaker into a tech-driven, forward-thinking company poised for growth.

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From growth to gone: GM’s Cruise robotaxi business is latest growth initiative to falter

The driverless ride-hailing service was supposed to be the shining star of GM's growth plans, leading to $50 billion in revenue by the end of this decade.
CNBC - 8h
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 - 4d
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 - 4d
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. - 4d
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 - 4d
General Motors Scraps Cruise Robotaxi Program

Carmaker cites competition, time and costs needed to scale the business.
The Wall Street Journal - 4d
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 - 4d
GM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit

General Motors says it will retreat from the robotaxi business and stop funding its money-losing Cruise autonomous vehicle unit
ABC News - 4d
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.
MarketWatch - 4d

GM’s Cruise robotaxi business is latest growth initiative to falter

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Related

From growth to gone: GM’s Cruise robotaxi business is latest growth initiative to falter

GM to Shut Down Its Cruise Robotaxi Project

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

General Motors Scraps Cruise Robotaxi Program

GM exits robotaxi market, will bring Cruise operations in house

GM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit

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

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