General Motors Co. is cutting about 50% of the workforce of its former Cruise self-driving car unit just shy of two months ...

General Motors is taking full ownership of GM Cruise Holdings LLC, which will be absorbed into the development team working on the Super Cruise driving system.

General Motors has revealed it will be ending the robotaxi business aspect of Cruise and will be laying off nearly half of ...

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

General Motors is slashing Cruise's workforce by half after buying out all other remaining shareholders of the autonomous ...

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

The general mood among these heavyweight investors is divided, with 42% leaning bullish and 42% bearish. Among these notable ...

Those laid off were based in California, Arizona and other locations. A GM spokesman said fewer than 20 Michigan workers were laid off in the move. Laid-off Cruise employees were informed Tuesday as ...

Industry analysts cite various factors for Cruise's failure, including a pedestrian accident, executive departures and regulatory scrutiny. GM's decision reflects a broader trend in the automotive ...

General Motors has completed its previously announced acquisition of GM Cruise Holdings LLC, the automaker announced Tuesday.

A GM spokesman said fewer than 20 Michigan workers were laid off in the move. Laid-off Cruise employees were informed Tuesday as GM completed its consolidation of the former robotaxi business arm.

With our move away from the ride-hail business and toward providing autonomous vehicles to customers alongside GM ... build world-class AV technology." As of January 2024, Cruise employed about ...