financetom
Business
financetom
/
Business
/
Uber Technologies, General Motors' Cruise to Launch Autonomous Vehicle Rides
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Uber Technologies, General Motors' Cruise to Launch Autonomous Vehicle Rides
Aug 29, 2024 2:03 AM

05:02 PM EDT, 08/22/2024 (MT Newswires) -- Uber Technologies ( UBER ) and General Motors' ( GM ) Cruise said late Thursday that they agreed to a multiyear partnership to bring Cruise's autonomous vehicles to the ride-hailing platform.

The partnership will be launched next year with a dedicated number of Chevy Bolt-based autonomous vehicles, the companies said.

Uber ( UBER ) customers will get an option to select a Cruise autonomous vehicle for their trip following the launch, the companies added.

Financial details weren't disclosed.

Shares of Uber ( UBER ) were down nearly 3% in recent after-hours activity, while General Motors ( GM ) rose 1.6%.

Price: 71.28, Change: -2.04, Percent Change: -2.78

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Nordstrom Q2 revenue rises on boost from sales event, shares surge
Nordstrom Q2 revenue rises on boost from sales event, shares surge
Aug 29, 2024
(Reuters) -Nordstrom ( JWN ) reported a better-than-expected growth in second-quarter sales on Tuesday, buoyed by its crucial Anniversary Sale event, even as consumers remain cautious amid inflationary pressures, sending its shares up 11% in extended trading. The upmarket department store chain also slightly revised its annual comparable sales forecast, raising the lower end to a range of flat to...
Aug 29, 2024
...
Dutch Bros Insider Sold Shares Worth $358,973, According to a Recent SEC Filing
Dutch Bros Insider Sold Shares Worth $358,973, According to a Recent SEC Filing
Aug 29, 2024
04:03 PM EDT, 08/27/2024 (MT Newswires) -- Travis Boersma, 10% Owner, Director, Executive Chairman of Board, on Aug. 26, sold 11,211 shares in Dutch Bros ( BROS ) for $358,973. Following the Form 4 filing with the SEC, Boersma has control over a total of 461,228 shares of the company, with 461,228 controlled indirectly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1866581/000186658124000232/xslF345X05/wk-form4_1724788676.xml Price: 31.85, Change:...
Nordstrom posts higher quarterly sales buoyed by demand for Anniversary Sale event
Nordstrom posts higher quarterly sales buoyed by demand for Anniversary Sale event
Aug 29, 2024
Aug 27 (Reuters) - Nordstrom ( JWN ) reported an increase in second-quarter sales on Tuesday, buoyed by its crucial Anniversary Sale event, even as consumers remain cautious amid inflationary pressures. The upmarket department store chain also slightly revised its annual comparable sales forecast, raising the lower end to a range of flat to 2% growth, up from its previous...
Copyright 2023-2026 - www.financetom.com All Rights Reserved