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 is laying off roughly half of the employees who remain at its discontinued Cruise robotaxi business.
GM said on Tuesday it had completed the full acquisition of its Cruise business to focus on developing autonomous technology ...
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.