For decades, US roads were dominated by American vehicles. The Big Three - Chevrolet, Ford, and Chrysler - weren't just dominant, they were the only games in town, not only filling the driveways and ...
General Motors said Tuesday it will no longer fund the development of a commercial robotaxi business and will instead absorb its self-driving car subsidiary Cruise and combine it with the ...
General Motors is pulling the plug on its efforts to develop a fleet of driverless taxis and will focus on driver-assistance features that require a driver to be ready to take control of the car ...
General Motors, after pouring billions of dollars into its Cruise robotaxi unit over the past eight years, said it’s ending the subsidiary’s stand-alone efforts and will combine it with in ...
About the author: Christopher Tang is a distinguished professor at the UCLA Anderson School of Management. Should GM cut its losses and close its factories in China? Last week, the company told ...
GM has effectively decided to shut down Cruise and absorb its teams and autonomous technology. It will focus on developing autonomous systems for personal vehicles rather than public use. This ...
The decision to shut down GM subsidiary Cruise is a major blow to an automaker once seen as a leader in the autonomous driving technology. General Motors will no longer invest in robotaxi ...
General Motors, LLC (GM) is recalling certain 131,231 pickup trucks from the 2024 model year equipped with power-unlatching tailgates. The tailgate's electronic gate-release switch may short ...
The bumpy growth of the global electric vehicle (EV) market has led US automaker General Motors to sell its stake in one of the four existing and projected battery plants, the Ultium Cells battery ...
Those expenses are related to plant closures and portfolio optimization, and the company anticipates a majority to be recorded this quarter as well. GM explained that its board's audit committee ...
China, once GM’s largest and most important market, has become its biggest problem. General Motors told shareholders on Wednesday that it would record two non-cash charges totaling more than $5 ...