General Motors is taking full ownership of GM Cruise Holdings LLC, which will be absorbed into the development team working on the Super Cruise driving system.
General Motors Co. is cutting about 50% of the workforce of its former Cruise self-driving car unit just shy of two months ...
In June 2024, GM injected another $850 million into Cruise, bringing its total spend on the company since acquiring most of ...
The robotaxi business is largely being abandoned in favor of autonomous technology for personal vehicles—specifically, GM’s ...
GM said on Tuesday it had completed the full acquisition of its Cruise business to focus on developing autonomous technology ...
General Motors is slashing Cruise's workforce by half after buying out all other remaining shareholders of the autonomous ...
General Motors on Tuesday completed its acquistion of the Cruise autonomous vehicle unit, laying off half the workforce. The ...
General Motors is giving up on its Cruise robotaxi business. The auto giant said Tuesday that it would end development at the ...
General Motors has completed its previously announced acquisition of GM Cruise Holdings LLC, the automaker announced Tuesday.
In an all-hands meeting on Monday, Cruise executives informed employees that GM had officially assumed full control of the ...
Delving into the details, we found 40% of traders were bullish, while 54% showed bearish tendencies. Out of all the trades we ...