Editor's note: The above video is KXAN coverage from Oct. 26, 2023 when Cruise previously paused driverless vehicle operations nationally, including in Austin. AUSTIN (KXAN) — General Motors announced Tuesday it will no longer be funding its Cruise robotaxi operations after years of navigating operational hiccups and facing legal action over injuries sustained by the driverless vehicle technology. General Motors officials said they are focusing …

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GM shutters Cruise robotaxis, but other driverless vehicles remain in Austin

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In a call to “realign” its autonomous driving strategy, General Motors will no longer be funding its Cruise robotaxi program in Austin and across the nation, according to a news release by the company Dec. 10.

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General Motors retires Cruise robotaxis in Austin, nationwide

Uber stock took another hit Wednesday from investors with robotaxi jitters after GM said it would shut down Cruise. The post Uber Stock Slides Again. Investors' Robotaxi Fears Grow After GM Shuts Down Cruise. appeared first on Investor's Business Daily.

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Uber Stock Slides Again. Investors' Robotaxi Fears Grow After GM Shuts Down Cruise.

Automotive news for industry leaders. Covering electric vehicles, autonomous vehicles, manufacturing, tech, supply chain, regulations &amp; safety, labor, and more.

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GM shuts troubled Cruise robotaxi unit

Original image source. by Brian Shilhavy Editor, Health Impact News It was announced this week that General Motors became the latest automobile manufacturer to get out of the driverless car business after wasting $10 billion over 8 years for their “Cruise” robotaxis. 
GM Kills Cruise Robotaxis to Save $1B Annually General Motors has announced it will no longer fund its Cruise Robotaxi program, effectively shutting it down. “Consistent with GM’s …

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GM Ends Cruise Robotaxi After Wasting $10 Billion in 8 Years – Wall Street Rejoices and Continues to Invest in Driverless Vehicles Which Still Do Not Exist - Vaccine Impact

After admitting, less than a month ago, that it lied to federal Investigators about one of its robotaxis dragging a woman in San Francisco as well as paying a $1.5 million dollar fine, General Motors is throwing in the towel on its Cruise robotaxi project.

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GM quits 'robotaxi' business but others push on #CaliforniaBusinessOwner #SupportSmallBusiness #CaliforniaAttorney #CaliforniaBusinesses

General Motors (GM) has announced its decision to exit the self-driving robotaxi development at its subsidiary, Cruise, due to high operational costs, increased competition, and challenges in scaling the technology. This strategic shift aligns with GM’s broader corporate strategy, emphasizing a return to its core strengths in manufacturing gasoline-powered vehicles and focusing resources on more profitable ventures.Despite investing over $10 bil…

GM shutters Cruise robotaxis, but other driverless vehicles remain in Austin

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