Posted in

GM Calls It Quits on Cruise Robotaxi After Spending $10 Billion

This isn’t really a surprise at this point. GM’s Cruise robotaxi service went off the road more than a year ago after a terrible accident in San Francisco and lost its right to operate in the city. Not long after that the company laid off about 1/4 of its workforce. Yesterday, GM announced it was pulling the plug on the whole project despite having spent about $10 billion on it.

Share