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 ...

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

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

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

General Motors is laying off roughly half of the employees who remain at its discontinued Cruise robotaxi business.

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

General Motors beat Q4 estimates, showing strong EV sales growth and market share gains. Read why GM stock is an attractive ...

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

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

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 ...

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.