Japanese conglomerate Marubeni will own the fleet. Lyft faces pressure to compete with Uber, which has inked a long list of ...

The general mood among these heavyweight investors is divided, with 42% leaning bullish and 42% bearish. Among these notable ...

Institutional investors and professional traders rely on The Fly to keep up-to-the-second on breaking news in the electric vehicle and clean ...

Ford and GM have given up on robotaxis over cost and profitability concerns, the CEO of autonomous driving company May Mobility told BI.

We recently published an article titled Greenhaven Associates: Top 10 Stocks to Invest in. In this article, we are going to ...

GM just over a year ago said Cruise would be a $50 billion per-year business. The company never made money and its parent ...

General Motors' (GM) autonomous Cruise subsidiary won't be autonomous in the future. GM plans to layoff roughly 50 percent of ...

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Cruise, the autonomous vehicle company, says it is not relaunching its robotaxi service. This news comes after GM announced ...

Now that Cruise is no longer operating a network of autonomous ride-hailing services, GM is winding down its staff while ...

Cruise is laying off about 50% of its workforce, affecting nearly 1,000 employees, as GM shifts focus to other automotive ...

GM warned in December it expected to cut Cruise’s staff as part of a plan to take full control of the company. The automotive giant announced Tuesday it had completed that takeover. GM plans to ...