General Motors' decision to pivot away from robotaxis has one big critic: the Cruise founder Kyle Vogt. Vogt, who resigned from the company in 2023, posted on the social-media platform X following ...
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 is adjusting to a new reality, and they're become a leaner and a meaner GM," Dan Ives, managing director at Wedbush Securities, told the Detroit Free Press on Wednesday. "I'd say they're quasi ...
At every turn of the road, GM chair and CEO Mary Barra has reinforced the mantra that 2024 was the "year of execution." Barra and her team made good on that promise to investors who were yearning ...
GM is dropping robotaxi efforts “given the considerable time and resources that would be needed to scale the business, along with an increasingly competitive robotaxi market,” the company said ...
What we tested: Newsweek test drove a 2024 Acura ZDX Type S for this review. The two-row electric SUV has a starting price of $64,500 with a $1,350 destination charge added on. This ZDX Type S starts ...
The decision to instead focus on providing autonomous technology in personal vehicles followed a year of GM trying to refocus and relaunch Cruise after an October 2023 pedestrian crash opened up ...
GM announced its decision to stop funding Cruise ... innovations showcased self-driving vehicles using radio control and magnetic tracks. The exhibit painted an exciting view about the future ...
“This is the latest in a series of decisions that GM has announced that underscore our focus on having the right technology for the future of our company and the industry,” Mary ...
GM, which currently owns 90% of Cruise, will increase its ownership to 97% and eventually acquire the remaining shares. Cruise's shutdown will also save GM $1 billion a year, according to the company.