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In June 2024, GM injected another $850 million into Cruise, bringing its total spend on the company since acquiring most of ...

GM said on Tuesday it had completed the full acquisition of its Cruise business to focus on developing autonomous technology ...

When the Society of Engineers released their definitions of varying levels of automation from level 0 to level 5, it became ...

At the time, GM owned about 90% of Cruise, but it is now "a wholly owned subsidiary of GM." The Cruise team will be folded ...

Cruise is laying off about 50% of its workforce, affecting nearly 1,000 employees, as GM shifts focus to other automotive ...

GM just over a year ago said Cruise would be a $50 billion per-year business. The company never made money and its parent ...

The robotaxi business is largely being abandoned in favor of autonomous technology for personal vehicles—specifically, GM’s ...

General Motors on Tuesday completed its acquistion of the Cruise autonomous vehicle unit, laying off half the workforce. The ...

Cruise, the autonomous vehicle company, says it is not relaunching its robotaxi service. This news comes after GM announced ...

The "Autonomous Vehicles - Strategic Intelligence" report has been added to ResearchAndMarkets.com's offering.Autonomous vehicles (AVs) will be a major economic driving force, with potential for new ...