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...General Motors is to scale back ambitions for its self-driving unit Cruise following a pedestrian injury last month, which led it to suspend testing....
...Other companies: PepsiCo, Freeport McMoran, Halliburton, GE Aerospace, RTX, Lockheed Martin, NextEra Energy, UPS, Philip Morris, Spotify, General Motors and Kimberly-Clark are reporting earnings before the...
...Motors Q1, Halliburton Q1, JetBlue Airways Q1, Jupiter Fund Management Q1 trading update, Kering Q1 sales, Kimberly-Clark Q1, Lockheed Martin Q1, Mattel Q1, Novartis Q1, Nucor Q1, PepsiCo Q1, Philip Morris...
...This week General Electric, General Motors and Kimberly-Clark all topped analysts’ expectations and were rewarded with immediate share price pops....
...Collectively, companies including Tesla, Alphabet, General Motors, Uber, Baidu and Ford have invested billions of dollars in the technology. Safety records are impressive....
...General Motors’ Cruise faces probes by numerous federal and state authorities, including the Department of Justice and Securities and Exchange Commission, after an accident that led to the shutdown of driverless...
...Autonomous vehicle safety has been in the spotlight since early October, when a robotaxi operated by Cruise, the General Motors driverless car division, collided with a pedestrian and then dragged the person...
...The co-founder and chief executive of General Motors-owned Cruise has resigned, weeks after the self-driving car company paused driverless operations and California regulators barred its vehicles from the...
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...California regulators have barred Cruise’s autonomous vehicles from the state’s roads and accused the company of misrepresenting details about an accident, dealing a sharp setback for the General Motors-owned...
...Other earnings: Coca-Cola, Verizon, General Electric, RTX, 3M, General Motors, Kimberly-Clark, Spotify and Halliburton will report before the bell....
...Following a highly publicised accident involving one of its driverless vehicles in San Francisco, General Motors-owned Cruise said on Thursday that the “most important thing for us right now is to take steps...
...Thursday’s 3-to-1 vote by the agency’s commissioners will allow Waymo and Cruise, which are majority-owned by Alphabet and General Motors, respectively, to operate driverless taxis in San Francisco without...
...The disastrous accident that has brought a halt to operations at Cruise, the General Motors driverless car division, is the kind of setback that champions of autonomous vehicles have long dreaded....
...Industry events: The leading conference for the mobile telephony industry, MWC Barcelona, begins today as does the Geneva International Motor Show....
...VinFast, the newly listed Vietnamese carmaker that was briefly worth more than Volkswagen and General Motors, has lost more than $1.4bn this year, despite increasing shipments of electric vehicles....
...Motors....
...Last week the electric vehicle maker was briefly valued at more than the combined worth of Ford, General Motors and Volkswagen....
...VinFast’s annual goal is about an average week’s worth of sales volume for General Motors. The company’s share price jump should not be taken as proof of widespread investor confidence....
...Its market capitalisation topped $85bn, at least $27bn higher than either Ford, General Motors or Fiat Chrysler owner Stellantis....
...Waymo, owned by Google’s parent company Alphabet, and General Motors’ Cruise both want to offer 24-hour taxi services. For now, permissions are limited. Waymo cannot charge for rides....
...Rates charged by General Motors’ Cruise robotaxi service in San Francisco are comparable to rideshare services from the likes of Uber....
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...Company earnings: Google’s parent company Alphabet, Coca-Cola, Verizon, General Electric, 3M, General Motors, Kimberly-Clark, Spotify, Halliburton, Visa and Texas Instruments report results....
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