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

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

General Motors said that it will integrate the technology of Cruise into its Super Cruise assisted driving system now that it ...

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

General Motors has taken full control of Cruise LLC—shifting its focus away from robotaxis to integrating autonomous ...

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

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 ...

General Motors GM.N 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. The Detroit ...

General Motors has completed its previously announced acquisition of GM Cruise Holdings LLC, the automaker announced Tuesday.

GM’s full acquisition of the Cruise autonomy company was completed this week, and the acquisition comes with layoffs. Job cuts were predictable when GM announced it was winding down the Cruise ...

The automaker consolidated its holding in the autonomous vehicle ride-service developer and will merge the business with its own self-driving and driver assistance platform. General Motors completed ...

GM's Cruise unit drops out of robotaxi race May Mobility slashes growth plans in Ann Arbor GM’s Cruise owns up to robotaxi mess in hopes of getting cars back on the road The move to gut the ...