The old chestnut passed around by industry watchers for the past decade was that CES — one of the world’s largest consumer tech trade events — had turned into an auto show. Maybe even the most important auto show of the year. And there was ample evidence of that. GM Chairman and CEO Mary Barra […]
CES 2025: Where have all the US automakers gone? Read More »
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
Microsoft will take an $800M hit over Cruise robotaxi shutdown Read More »
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
Honda cuts funding to robotaxi venture with Cruise and GM in Japan Read More »
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 »
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 »
General Motors is laying off nearly 1,000 workers in the U.S. as part of a cost-cutting bid, just three months after cutting 1,000 software jobs. The company told TechCrunch that cuts won’t affect hourly workers at any of its factories, but declined to specify what teams were affected. A significant majority of the layoffs were
General Motors slashes another 1,000 jobs to cut costs Read More »
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
GM’s Cruise to pay $500,000 fine to DOJ, admits submitting false report Read More »
General Motors CEO Mary Barra still believes an autonomous vehicle with no steering wheel and pedals is “definitely” in her company’s future, despite recently cancelling the purpose-built Origin. Barra told the crowd at TechCrunch Disrupt 2024 on Tuesday that she still has an eye on a purpose-built robotaxi, but that she made the call to
Mary Barra still thinks GM will make an AV with no steering wheel Read More »
General Motors is working with Forge Nano, a materials science startup, to find new ways to enhance the performance and lifetime of electric vehicle battery cells. The automaker’s investment arm, GM Ventures, on Wednesday injected $10 million into Forge Nano, which is developing a thin coating the startup says will help improve safety and increase
GM partners with startup Forge Nano to improve EV battery life, performance, and safety Read More »
Cruise, General Motors’s self-driving subsidiary, said it has signed a multi-year partnership with ride-hailing giant Uber to bring its robotaxis to the ride-hailing platform in 2025. Cruise didn’t say when exactly customers would see its vehicles on Uber’s platform, but a spokesperson told TechCrunch that this partnership will follow the re-launch of Cruise’s own driverless
Cruise’s robotaxis are coming to the Uber app in 2025 Read More »
