GM just over a year ago said Cruise would be a $50 billion per-year business. The company never made money and its parent ...

Now that Cruise is no longer operating a network of autonomous ride-hailing services, GM is winding down its staff while ...

General Motors Co. is cutting almost half of the workforce in the Cruise driverless car unit, according to an internal memo ...

GM is taking full ownership of GM Cruise Holdings LLC now that the Cruise Board of Directors has approved GM’s merger offer. Previously, General Motors owned about 90 percent of Cruise ...

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 ...

that it has completed its acquisition of GM Cruise Holdings LLC following the approval of GM’s merger offer by the Cruise board of directors. Cruise is now a wholly-owned subsidiary of GM.

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 ...

General Motors expects to save up to $1 billion annually by ending its Cruise robotaxi development program, CEO and Chair ...

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.

DETROIT (Reuters) - 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.