The company expects losses will narrow with its battery-powered vehicles, a reorganization of the China business will lead to ...

General Motors expects to save up to $1 billion annually by ending its Cruise robotaxi development program, CEO and Chair Mary Barra said Tuesday during the company’s earnings call. The estimate ...

General Motors expects shutting down its Cruise robotaxi unit will lead to $1 billion in annual savings, CEO Mary Barra said during a call with analysts on Tuesday. The move, however, doesn’t ...

General Motors is charting a technological future focused on its Super Cruise driver assistance technology, similar to ...

General Motors expects to save up to $1 billion annually by ending its Cruise robotaxi development program, CEO and Chair Mary Barra said Tuesday during the company's earnings call. The estimate comes ...

GM faced charges, including restructuring costs and halting funding for Cruise robotaxi. Get Wall Street's Hottest Chart Every Morning General Motors Company GM shares are trading lower in the ...

But any lift to the share price was offset by an unadjusted loss in the quarter due to its decision to shelve continued development of its Cruise robotaxi and restructuring of its Chinese ...

Additionally, $0.5 billion in charges came from halting funding for the Cruise robotaxi business. General Motors reported a full-year 2024 net income of $6.0 billion and adjusted EBIT of $14.9 ...