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 ...
In June 2024, GM injected another $850 million into Cruise, bringing its total spend on the company since acquiring most of ...
Several of Cruise’s leaders, including Chief Executive Officer Marc Whitten, will leave this week in the overhaul.
Defunct robotaxi company Cruise has begun to lay off employees today, sources tell The Verge. The layoffs come two months ...
General Motors is laying off off roughly half of its employees who remain at its discontinued Cruise robotaxi business.
Cruise, the autonomous vehicle company, says it is not relaunching its robotaxi service. This news comes after GM announced ...
General Motors said on Tuesday it had completed the full acquisition of its Cruise business to focus on developing the ...
The auto giant plans to integrate Cruise's technology into its existing Super Cruise system, which enables hands-free driving ...
General Motors expects to save up to $1 billion annually by ending its Cruise robotaxi development program, CEO and Chair ...
General Motors is cutting almost half of the workforce in its Cruise driverless car unit, according to an internal memo and ...
General Motors beat Q4 estimates, showing strong EV sales growth and market share gains. Read why GM stock is an attractive ...