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

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

GM completes its acquisition of Cruise, which means a brutal 50% reduction in workforce. Those remaining will work on ...

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

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The robotaxi business is largely being abandoned in favor of autonomous technology for personal vehicles—specifically, GM’s ...

Cruise held an all-hands meeting today, in which it announced that GM had acquired full control of the company. A ...

General Motors on Tuesday completed its acquistion of the Cruise autonomous vehicle unit, laying off half the workforce. The ...

Several of Cruise’s leaders, including Chief Executive Officer Marc Whitten, will leave this week in the overhaul.

The layoffs come two months after GM announced it will focus on developing Cruise's autonomous tech for personal cars, rather ...

GM to integrate Cruise tech into Super Cruise system Cruise staff reduced by 50% after acquisition Super Cruise projected to generate $2 billion annually in five years Focus shifts to autonomous ...

GM invested a total of $10 billion in Cruise since 2016. GM instead chose to pivot autonomous technologies into personal vehicles, rather than commercial. On Oct. 2, 2023, a Nissan Sentra hit a ...