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 ...
GM's decision reflects a broader trend in the automotive industry, with companies like Ford and Volkswagen also scaling back their autonomous vehicle ambitions. While GM's investment in Cruise did ...
GM has identified how many Super Cruise customers opt to pay for the semi-autonomous driver assist system after the initial prepaid period has come to an end.
In December GM announced it would be halting funding for Cruise’s robotaxi program after it failed to recover from a high-profile incident involving one of its vehicles striking a pedestrian.
The plans come two months after GM said it would no longer fund Cruise after spending more than $10 billion since acquiring the self-driving car business in 2016. “Today, Cruise shared the ...
Those laid off were based in California, Arizona and other locations. A GM spokesman said fewer than 20 Michigan workers were laid off in the move. Laid-off Cruise employees were informed Tuesday ...
"GM has proposed a restructuring plan that will refocus our autonomous driving strategy on personal vehicles," Barra said, adding the company expects to see a run rate savings of about $1 billion ...
GM plans to continue pursuing driver-assistance technology for use in consumer automobiles. The moves follow GM’s announcement in December that it would no longer pursue robotaxi development ...
The move to gut the staff punctuates GM’s rapid retreat from the robotaxi business and strategic shift on autonomy. As recently as late 2024, the company had been planning to take the driver out ...
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'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 ...
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