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

General Motors’ Cruise will lay off about 1,000 employees, including CEO Marc Whitten, as it shifts focus from robotaxi to ...

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 ...

Plus Elon Musk’s politics are putting buyers off in Europe and General Motors slashed 1,000 jobs from its autonomous Cruise ...

General Motors has revealed it will be ending the robotaxi business aspect of Cruise and will be laying off nearly half of the workforce.

We calculate that at year-end 2024, GM had automotive net cash excluding legacy obligations of $6.0 billion, or $5.72 per diluted share. Per the 10-K, global pension contributions in 2025 are expected ...

And it’s not just AI—autonomous vehicle development has been shaped by the same flawed assumption: that spending billions pre ...

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

General Motors is slashing Cruise's workforce by half after buying out all other remaining shareholders of the autonomous ...

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 ...