Cruise

General Motors' (NYSE:GM) autonomous driving unit Cruise said on Thursday that it is eyeing resuming operations of its robotaxis in California which was paused after the involvement of one of its driverless vehicles in a pedestrian accident late last year. What Happened: The company said that it...

The volatility that dominated markets in the early part of the month sharply reversed in the past week, driven by growing expectations of interest rate cuts that have bolstered investor risk appetite. The latest batch of inflation statistics for August have given the green light for the Federal...

Uber Technologies, Inc. (NYSE:UBER) and General Motors Company's(NYSE:GM) Cruise announced on Thursday a multiyear strategic partnership to bring Cruise autonomous vehicles to the Uber platform. The Details: The companies plan to launch the partnership next year with a dedicated number of Chevy...

Editor’s Note: This story has been updated to clarify that the issue affected an older version of ADS software that has since been updated. General Motors’ (NYSE:GM) autonomous driving unit Cruise is recalling 1,194 vehicles— the entirety of its U.S. fleet— previously equipped with...

Former Cruise CEO Kyle Vogt on Saturday cheered the retirement of autonomous vehicle critic and San Francisco fire chief Jeanine Nicholson, terming it a sign of progress for the city. What Happened: “Fortunately, she's gone. Progress for SF,” Vogt wrote about Nicholson’s...

General Motors (NYSE:GM) halted development of their Origin autonomous vehicle as they cannot make it work and not because of regulatory concerns as claimed, Tesla Inc (NASDAQ:TSLA) CEO Elon Musk alleged on Tuesday. What Happened: “Well, obviously, the real reason that they canceled it...

Editor’s Note: This story has been updated with a statement from a Chevrolet spokesperson. General Motors’ (NYSE:GM) autonomous driving unit, Cruise, is abandoning its plans to build the Origin autonomous vehicle and instead focussing on using its next-generation Chevrolet Bolt for...

General Motors Co‘s (NYSE:GM) autonomous driving unit Cruise is attempting to better interactions with emergency responders with the formation of a new Cruise Emergency Responder Advisory Council following the involvement of one of its autonomous vehicles in an accident last year. What...

Walt Disney Co. (NYSE:DIS) is planning to introduce a new cruise ship, scheduled to embark from Tokyo starting in fiscal 2028, marking the ninth vessel in Disney’s expanding fleet. The new ship, inspired by the Wish, Disney’s largest vessel, is a collaborative effort with the Oriental...

General Motors’ (NYSE:GM) autonomous driving unit Cruise has appointed Marc Whitten as its new Chief Executive Officer (CEO) as it seeks to resume its robotaxi operations after a suspension that lasted several months. What Happened: Cruise said on Tuesday that Whitten, a founding engineer at...

Carnival Corp. (NASDAQ:CCL) rallied over 8% by 2:30 p.m. ET Tuesday, eyeing its best trading session of 2024 after delivering second-quarter earnings that significantly beat expectations. Goldman Sachs analyst Lizzie Dove highlighted that the cruise line’s Q2 beat and the Q3 guidance "hit...

Legacy automaker General Motors Corp. (NYSE:GM) is preparing to invest oodles of money into its loss-making Cruise self-driving unit. Tesla, Inc. (NASDAQ:TSLA) CEO Elon Musk thinks it’s a really bad idea. What Happened: GM’s CFO Paul Jacobson on Tuesday said at Deutsche Bank’s...

Amazon.com Inc.’s (NASDAQ:AMZN) self-driving car unit Zoox on Wednesday said it will soon begin testing in Austin, Texas, and Miami. What Happened: The two cities will mark the fourth and fifth public testing locations for Zoox. The company started in San Francisco in 2018 and has since...

General Motors Co’s (NYSE:GM) autonomous driving unit Cruise said on Monday that it would start supervised autonomous driving in Phoenix this week, in an attempt to validate its safety which is under question since one of its robotaxis got involved in a pedestrian accident last year....

Kyle Vogt, formerly the CEO of GM‘s self-driving car unit Cruise, took to social media to express his views on U.S. manufacturing costs and called for prioritizing automation and efficiency. What Happened: “The U.S. is currently screwed,” Kyle Vogt wrote...