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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 ...

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 ...

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

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 ...

"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 ...

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

General Motors has finalized the complete acquisition of its Cruise autonomous vehicle unit to focus on developing the ...

And will that fresh talent translate into an improved advanced driver-assistance system, branded as Super Cruise, and eventually personal autonomous vehicles? I’m not convinced that acquiring ...