Uber, Lyft Shares Are Trading 6% Lower On News of GM's Wind Down of Cruise
Uber, Lyft Shares Are Trading 6% Lower On News of GM's Wind Down of Cruise
The restructuring will merge GM's broader technical teams with Cruise's staff to focus on autonomous personal vehicles. This move raises uncertainty about the future of Cruise's multi-year agreement with Uber, which aims to launch AVs on the Uber platform in 2025. GM CEO Mary Barra stated that the details need to be finalized from Cruise's perspective, and as a result, she refrained from confirming the status of the partnership.Uber and Lyft shares are both trading 6% lower in afternoon trading as GM announced its winding down of Cruise.
优步和Lyft的股票在下午交易中都下跌了6%，因为通用汽车宣布将逐步停止Cruise的运营。
Earlier, $General Motors (GM.US)$ announced it would stop funding the development of Cruise's robotaxi. GM's decision to halt its support comes as the company reassesses the substantial investment and time needed to grow the robotaxi business in the face of increasing competition in the autonomous vehicle (AV) industry.
早些时候， $通用汽车 (GM.US)$ 宣布将停止对Cruise自动出租车的开发资金支持。通用汽车停止支持的决定是因为公司重新评估了在面对日益激烈的自动驾驶汽车（AV）行业竞争时，发展自动出租车业务所需的大量投资和时间。
GM's news is also noteworthy given that Cruise had previously established a partnership with Uber.
通用汽车的这一消息尤为重要，因为Cruise此前曾与优步建立了合作关系。
The restructuring will merge GM's broader technical teams with Cruise's staff to focus on autonomous personal vehicles. This move raises uncertainty about the future of Cruise's multi-year agreement with Uber, which aims to launch AVs on the Uber platform in 2025. GM CEO Mary Barra stated that the details need to be finalized from Cruise's perspective, and as a result, she refrained from confirming the status of the partnership.
重组将把通用汽车的更广泛技术团队与Cruise的员工合并，以关注自动驾驶个人车辆。这一举措增加了Cruise与优步之间多年协议未来的不确定性，该协议旨在于2025年在优步平台上推出自动驾驶汽车。通用汽车首席执行官玛丽·巴拉表示，详细情况需要从Cruise的角度进行最终确认，因此她未能确认这一合作关系的状态。
At 1:57 p.m. ET, GM shares are off 1.38%.
在东部时间下午1:57，通用汽车的股价下跌了1.38%。
