Microsoft (MSFT) expects an $800 million charge from its minority stake in General Motors (GM) now shut down the robotaxi unit. The tech giant made a strategic investment in the robotaxi business ...
General Motors (GM) shares rose early Wednesday as the automaker scrapped its Cruise robotaxi program to focus on developing self-driving technology for personal vehicles. The company announced late ...
The decision to close Cruise follows on from GM restructuring and writing down the value of its Chinese operations. Thanks to the popularity of Buick, GM was once of the top carmakers in China, but ...
GMNA's breakeven point of about 10 million-11 million units is drastically lower than it was under old GM. GM may have to see a US recession to prove it can do much better than old GM before the ...
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