While many of Canberra's suburbs and streets are unsurprisingly named after prime ministers and pioneers, there are some ...

At first, automakers such as General Motors (NYSE: GM) thrived in China, and it became GM's largest market for sales volume for a time. However, the alarm bells have been ringing for some time ...

China was once lauded as a huge opportunity for autos. As EVs exploded in popularity, GM's struggles in China began. GM will take a $5 billion charge to restructure China operations. General ...

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 ...

DETROIT — General Motors’ move Tuesday to halt funding for its Cruise robotaxi program makes way for Silicon Valley rivals to take a firmer hold of the potentially multibillion-dollar business.

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

Automotive giant General Motors announced Tuesday that it would be pulling funding from its robotaxi firm Cruise, though it gestured at future plans to continue developing self-driving cars.

SAN FRANCISCO, Dec 11 (Reuters) - General Motors' (GM.N), opens new tab decision to pull the plug on its troubled Cruise robotaxi business highlights the harsh reality facing others still in the ...

Cruise AV, General Motor’s autonomous electric Bolt EV, is seen on Jan. 16, 2019, in Detroit. (AP Photo/Paul Sancya, File) Updated [hour]:[minute] [AMPM] [timezone], [monthFull] [day], [year] DETROIT ...

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 ...

General Motors is pivoting from self-driving robotaxies to focus on developing autonomous driving technology for personal vehicles in the future. The company made the announcement late Tuesday ...