Seeing no road to profit, GM shutters Cruise


After spending more than $10 billion to try to develop an autonomous robotaxi, General Motors is now calling time on the endeavor. On Tuesday afternoon, the automaker announced that it is done investing in Cruise’s robotaxi development and will instead combine the startup’s technical team with its internal…

Photo and Credits: This article is from Jonathan M. Gitlin and it appeared on Cars – Ars Technica on 2024-12-11 09:48:41

#road #profit #shutters #Cruise

Popular posts from this blog

Top 10 Junk Car Removal Services in Los Angeles: Get Cash for Your Clunker

Image
  If you have an old, broken-down car sitting in your driveway, you might be wondering what to do with it. Luckily, if you live in Los Angeles, there are plenty of junk car removal services that are ready to help you not only get rid of that clunker but also pay you cash for it! In this blog post, we'll explore the top 10 junk car removal services in Los Angeles. Let's dive in!   What is Junk Car Removal?   Before we jump into the list, let's clarify what junk car removal does. Junk car removal services help you dispose of old, damaged, or non-running vehicles. They offer to pick up your car and pay you cash, making the process easy and convenient. Many of these services will even take care of all the paperwork for you!   1. Cash For Cars Los Angeles   Why Choose Us?   One of the best options in Los Angeles is Cash For Cars Los Angeles . We specialize in buying junk cars and offer competitive cash prices. Our service is quick, and our ...
Read more

California Car Buyers Could Pay Nearly 5 Times More Because of New Senate Bill – San Bernardino Sun

Image
California Car Dealers Get Green Light for Higher Fees The recent approval of Senate Bill 791 in California has stirred a significant debate around auto purchases. With strong bipartisan backing, this legislation allows car dealers to charge buyers up to an additional $500 on every car sold. This move has attracted criticism for straying from earlier promises by lawmakers to make life more affordable for Californians. What the Bill Entails Under this new law, car dealers can raise the fees they charge to process paperwork from $85 to a maximum of $500, reflecting a steep hike. Specifically, dealers can now charge up to 1% of the vehicle’s purchase price, which, based on recent data, averages around $48,656 for new vehicles in the U.S., meaning customers could face substantial additional costs. Critics argue this increases the burden on consumers rather than alleviating it. Rosemary Shahan from Consumers for Auto Reliability and Safety voiced strong objections, emphasizing that ...
Read more

Ultimate Guide: How to Sell Your Car for Parts in Los Angeles, CA

Image
☎PHONE QUOTE👆 If you have an old car sitting in your garage or driveway, you might be wondering what to do with it. Selling your car for parts can be a great way to make some extra cash while clearing up space. In this guide, we will walk you through the steps to successfully sell your car for parts in Los Angeles, CA. Why Sell Your Car for Parts? Before we delve into the details, let’s understand why selling your car for parts is a smart choice. Make Extra Money: Old or damaged cars may not be worth a lot, but parts can still have significant value. Environmental Impact: Recycling parts helps reduce waste and can be eco-friendly. Quick Process: Selling a car for parts is often faster than trying to sell it as a whole vehicle. Now that you know the benefits, let's dive into how to sell your car for parts. Step 1: Assess the Condition of Your Car The first step in selling your car for parts is to assess its condition. Look f...
Read more