“It’s a bit like a faulty speedometer in a car so it’s not telling you the right thing and there are consequences for that.” Professor Maximilian de Courten, a public health expert at Vict ...
"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 ...
The Repair Shop 2024 sees Jay Blades and his trusty crew of craft experts back for a thirteenth season. The BAFTA-award-winning programme has become a weeknight favourite around the country as we ...
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 ...
The decision to instead focus on providing autonomous technology in personal vehicles followed a year of GM trying to refocus and relaunch Cruise after an October 2023 pedestrian crash opened up ...
GM said it would get out of robotaxis “given the considerable time and resources that would be needed to scale the business, along with an increasingly competitive robotaxi market.” The company said ...
GM is dropping robotaxi efforts “given the considerable time and resources that would be needed to scale the business, along with an increasingly competitive robotaxi market,” the company said ...
“This is the latest in a series of decisions that GM has announced that underscore our focus on having the right technology for the future of our company and the industry,” Mary ...
The company made the announcement late Tuesday afternoon, with GM spokesman Kevin Kelly telling the Detroit Free Press that GM sees a better business opportunity with personal vehicle autonomy ...
About the author: Christopher Tang is a distinguished professor at the UCLA Anderson School of Management. Should GM cut its losses and close its factories in China? Last week, the company told ...