But it’s also good to be a legacy giant looking to get back on the radar if you’re General Motors (GM). After slumping during the COVID-19 years, “without a doubt as far as the earnings and ...
The Houston Rockets have managed their rebuild about as responsibly as possible. They've hoarded draft picks, and thus far done relatively well with them. They've pursued veteran free agents, but ...
Just as he had promised during the course of his 14 matches at the FIDE Chess World Championships, newly crowned king of world chess D Gukesh revealed his winning team in Singapore on Thursday at the ...
"GM is adjusting to a new reality, and they're become a leaner and a meaner GM," Dan Ives, managing director at Wedbush Securities, told the Detroit Free Press on Wednesday. "I'd say they're quasi ...
Despite fluctuating consumer demand and a changing regulatory environment, GM says it remains committed to electrifying its light-duty vehicle lineup by 2035. Naturally, all those EVs will require ...
"GM is adjusting to a new reality, and they're become a leaner and a meaner GM," Dan Ives, managing director at Wedbush Securities, told the Detroit Free Press on Wednesday. "I'd say they're quasi ...
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 ...
Since then, GM has spent more than $10 billion on the company in a bid to commercialize autonomous vehicle technology via a robotaxi business. GM said in a statement that “the considerable time ...
General Motors' decision to pivot away from robotaxis has one big critic: the Cruise founder Kyle Vogt. Vogt, who resigned from the company in 2023, posted on the social-media platform X following ...
GM announced its decision to stop funding Cruise. GM plans to fold the business into its larger engineering organization. Instead of focusing on robotaxi, GM will develop advanced driver assist ...
General Motors (GM) said Tuesday that it will no longer fund the development of robotaxis and instead focus on creating fully autonomous personal vehicles. Cruise, GM’s self-driving car ...
"GM is committed to delivering the best driving experiences to our customers in a disciplined and capital efficient manner," asserted Mary Barra, chair and CEO of GM, in the canned statement. "Cruise ...
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