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GM just over a year ago said Cruise would be a $50 billion per-year business. The company never made money and its parent ...
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 ...
Cruise is laying off about 50% of its workforce, affecting nearly 1,000 employees, as GM shifts focus to other automotive ...
General Motors said that it will integrate the technology of Cruise into its Super Cruise assisted driving system now that it ...
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 ...
DETROIT : General Motors said on Tuesday it had completed the full acquisition of its Cruise business to focus on developing the autonomous technology for personal vehicles not robotaxis.
"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 ...