cruise

It’s the end of the road for Cruise, and Bluesky is still taking off

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Almost one decade after its $1 billion acquisition of Cruise, automaker General Motors has decided to give up on the self-driving startup. GM will now use Cruise tech to improve its own advanced driver assistance system with the ultimate goal of offering personal autonomous vehicles.  Today, on TechCrunch’s Equity podcast, hosts Kirsten Korosec, Anthony Ha […]

It’s the end of the road for Cruise, and Bluesky is still taking off Read More »

Microsoft will take an $800M hit over Cruise robotaxi shutdown

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GM’s decision to shut down its Cruise robotaxi program continues to ripple through the market, extending to the self-driving car company’s minority investors. Microsoft, which in 2021 made an investment into Cruise, will take $800 million impairment charge as a result of GM’s actions, according to a regulatory filing. Microsoft said the charge will be

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Honda cuts funding to robotaxi venture with Cruise and GM in Japan

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Honda Motor Co. will stop funding a joint venture with General Motors and Cruise to launch a robotaxi service in Japan, now that GM has pulled the plug on Cruise and its commercial robotaxi ambitions, reports The Nikkei. GM said Tuesday it would cease funding Cruise and instead absorb the company and combine it with

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Cruise employees ‘blindsided’ by GM’s plan to end robotaxi program

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The news came by Slack message.  Cruise CEO Marc Whitten, who took the top post in June, posted a message Tuesday afternoon in the company’s announcements channel along with a link to a press release entitled “GM to refocus autonomous driving development on personal vehicles.” GM, which acquired the self-driving car startup in 2016, would

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GM is giving up on Cruise robotaxis, pivots to personal autonomous vehicles

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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 automaker’s own efforts to develop driver assistance features — and eventually fully autonomous personal vehicles. The pivot is a remarkable step for the automaker, which

GM is giving up on Cruise robotaxis, pivots to personal autonomous vehicles Read More »

Cruise employees ‘blindsided’ by GM’s plan to end robotaxi program

Transportation /

The news came by Slack message.  Cruise CEO Marc Whitten, who took the top post in June, posted a message Tuesday afternoon in the company’s announcements channel along with a link to a press release entitled “GM to refocus autonomous driving development on personal vehicles.” GM, which acquired the self-driving car startup in 2016, would

Cruise employees ‘blindsided’ by GM’s plan to end robotaxi program Read More »

GM is giving up on Cruise robotaxis, pivots to personal autonomous vehicles

Transportation /

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 automaker’s own efforts to develop driver assistance features — and eventually fully autonomous personal vehicles. The pivot is a remarkable step for the automaker, which

GM is giving up on Cruise robotaxis, pivots to personal autonomous vehicles Read More »

Cruise fesses up, Pony AI raises its IPO ambitions, and the TuSimple drama dials back up

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Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here for free — just click TechCrunch Mobility! President-elect Trump has wasted little time picking cabinet members, including naming former Wisconsin Rep. Sean Duffy as the next secretary of transportation. If Duffy’s appointment is confirmed

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GM’s Cruise to pay $500,000 fine to DOJ, admits submitting false report

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Cruise, the autonomous vehicle unit of General Motors, has admitted to submitting a false report with the goal of influencing a federal investigation into a safety incident last year. In penance, the company will pay a $500,000 criminal fine as part of a deferred prosecution agreement, per the Department of Justice (DOJ).  This is one

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