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

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

About 88% of remaining employees are in engineering or related roles, and impacted employees were given 60 days’ notice.

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.

Cruise, the autonomous vehicle company, says it is not relaunching its robotaxi service. This news comes after GM announced ...

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

About 20% of GM customers driving Super Cruise-enabled Chevy, Cadillac, GMC, or Buick models opt to pay for the system after ...

As recently as late 2024, the company had been planning ... to end consumer tax credits for EVs. GM said recently that its actions with Cruise would save about $500 million this year and twice ...

GM's Cruise unit drops out of robotaxi race May ... business and strategic shift on autonomy. As recently as late 2024, the company had been planning to take the driver out of its cars and charge ...

"GM has proposed a restructuring plan that will ... in our investment relative to the $1.7 billion we spent on Cruise in 2024," he said. GM reported Tuesday a $2.9 billion loss for the fourth ...