General Motors only a few years ago predicted that Cruise would generate $50 billion a year in revenue by the end of the decade, and GM had hoped that Cruise was a big part of its future.
The National Highway Traffic Safety Administration ended its probe into GM's Cruise robotaxis, citing pedestrian safety concerns and GM's decision to cease Cruise operations. Despite a $10 billion ...
But Barra's decision to cease robotaxi operations at Cruise and transfer the teams and technology development to passenger cars is a divisive one. On the one hand, GM sunk more than $10 billion ...
Here's one reason why GM may have ditched Cruise robotaxis: carmakers will earn more than half of their revenue from software and digital services by 2035. That's according to a report from IBM ...