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General Motors Co
GM to cut spending on self-driving unit Cruise after accident
...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....
November 28, 2023
LexDriverless vehicles
Driverless cars/Cruise: robotaxi rollout is stop, start, stop Premium content
...Collectively, companies including Tesla, Alphabet, General Motors, Uber, Baidu and Ford have invested billions of dollars in the technology. Safety records are impressive....
November 16, 2023
FT Live
Inside Politics: who will win the UK general election?
Exclusively for FT subscribers
Wednesday, 8 MayDigital Conference
Cruise LLC
GM’s driverless car unit Cruise probed over dragging incident
...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...
January 25, 2024
Driverless vehicles
China challenges the west for driverless car supremacy
...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...
January 31, 2024
Cruise LLC
Self-driving car venture Cruise chief resigns after uproar over accident
...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...
November 20, 2023
VinFast LLC
How a Vietnamese tycoon built a carmaker worth more than General Motors
...Despite selling just 24,000 cars last year, Vietnam’s VinFast this month soared into the ranks of the world’s most valuable automakers — far surpassing rivals such as Volkswagen, Ford and General Motors,...
August 31, 2023
FT Live
Future of the Car
The technology and new business models shaping the next decade in automotive
Tuesday, 7 MaySancroft, Paternoster Square, London EC4M 7DQ, UK
Cruise LLC
GM’s Cruise driverless vehicles banned from California roads
...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...
October 24, 2023
Driverless vehicles
GM’s Cruise to suspend all driverless car fleets after California ban
...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...
October 27, 2023
Driverless vehicles
California clears way for driverless taxis in San Francisco
...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...
August 11, 2023
Inside BusinessRichard Waters
Cruise’s driverless car accident underlines the risks of AI
...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....
November 9, 2023
VinFast LLC
VinFast loses more than $1.4bn despite rising revenues
...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....
October 5, 2023
VinFast LLC
VinFast says most of its electric vehicles have been sold to a related party
...Motors....
September 13, 2023
The Long ViewJennifer Hughes
VinFast’s wild ride points to need for stock health warnings
...Last week the electric vehicle maker was briefly valued at more than the combined worth of Ford, General Motors and Volkswagen....
September 1, 2023
LexVinFast LLC
VinFast/Vietnam: founder is main beneficiary of EV company listing Premium content
...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....
August 16, 2023
VinFast LLC
Vietnamese EV maker worth more than Ford or GM after US listing
...Its market capitalisation topped $85bn, at least $27bn higher than either Ford, General Motors or Fiat Chrysler owner Stellantis....
August 16, 2023
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
Elaine Moore
I wanted to love driverless taxis, but then my ride took a sinister turn
...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....
June 30, 2023
LexDriverless vehicles
Robotaxis: cost per mile calculations could drive plans off course Premium content
...Rates charged by General Motors’ Cruise robotaxi service in San Francisco are comparable to rideshare services from the likes of Uber....
July 12, 2023
News in-depthVinFast LLC
The carmaker from Vietnam looking to take on Tesla
...Motors, as he shows visitors around the company’s electric vehicle production line....
July 5, 2023
Third Point LLC
Daniel Loeb’s Third Point makes $300m profit from Rivian IPO
...Rivian, which makes pick-ups and vans and is backed by Amazon and Ford, soared on its market debut this month, giving it a value greater than both Ford and General Motors, even though it is yet to record...
November 24, 2021
The Big Read
Here come the driverless taxis
...Motor car crashes have instead become so common that they are no longer news....
August 18, 2023
Elaine Moore
The driverless car revolution is stuck in the slow lane
...The test scheme was launched by Cruise, an autonomous vehicle business that is majority owned by General Motors. Like Uber, it has an app that you can use to call a car to meet you....
October 23, 2022
Special ReportSustainable Mobility
Cruise’s San Francisco robotaxis seize initiative in race for autonomy
...But, in San Francisco, close to its headquarters, the tech giant has found itself overtaken by Cruise — a start-up backed by General Motors — in the race to secure the first robotaxi permit for a large US...
June 17, 2022
FT Magazine
The FT’s 25 most influential women of 2023
...General Motors chief executive Mary Barra, the daughter of a union machinist, comes from a family that has collectively spent more than 80 years working at the company....
November 30, 2023
LexElaine Moore
The Lex Newsletter: a robotaxi is a confident but cautious chauffeur Premium content
...Cruise, General Motors’ self-driving unit, started its fledgling robotaxi service here a few months ago. Interest is high and the waiting list is long. On Tuesday, I bagged a ride....
September 14, 2022
LexVinFast LLC
VinFast: IPO hopes may not electrify investors Premium content
...Traditional US carmakers like General Motors and Ford with established production facilities in place have all been investing heavily in EVs....
April 8, 2022

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