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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 ...

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 ...

General Motors said on Tuesday it had completed the full acquisition of its Cruise business to focus on developing the ...

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 ...

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

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

"We are focused on combining efforts with General Motors to accelerate autonomy at scale on personal autonomous vehicles," the spokesperson said in a statement. The GM and Cruise teams will work ...

Defunct robotaxi company Cruise has begun to lay off employees today, sources tell The Verge. The layoffs come two months ...

Chinese electric vehicle giant BYD this week began offering advanced autonomous driving features on most of its models, ...

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 ...