General Motors said it would no longer fund its Cruise robotaxi service as it seeks to focus ... “Consistent with GM’s capital allocation priorities, GM will no longer fund Cruise’s robotaxi ...

This transcript was prepared by a transcription service ... last week, GM said that after investing $10 billion over the last decade, it's killing its Robotaxi program. Speaker 3: Cruise, the ...

GM CEO Mary Barra, with the ending of its Cruise robotaxi operations, made it clear that the automaker's growth priorities have shifted amid a broader, industrywide retrench to preserve capital.

“It’s a tough moment for GM ... Cruise has relaunched service with safety drivers in Houston, Phoenix and Dallas, hired Marc Whitten as CEO and updated its safety standards. In February, the ...