General Motors on Tuesday completed its acquistion of the Cruise autonomous vehicle unit, laying off half the workforce. The ...
GM just over a year ago said Cruise would be a $50 billion per-year business. The company never made money and its parent ...
General Motors has taken full control of Cruise LLC—shifting its focus away from robotaxis to integrating autonomous ...
General Motors Co. is cutting about 50% of the workforce of its former Cruise self-driving car unit just shy of two months ...
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 ...
General Motors on Tuesday completed its acquistion ... Technical Center or at the GM Milford Proving Grounds. Cruise's self-driving technology was “well on its way” to achieving the company ...
GM completes its acquisition of Cruise, which means a brutal 50% reduction in workforce. Those remaining will work on ...
General Motors has taken full control of Cruise ... With the acquisition complete, GM plans to incorporate Cruise’s autonomous driving technology into its Super Cruise system, which currently ...
The robotaxi business is largely being abandoned in favor of autonomous technology for personal vehicles—specifically, GM’s ...
General Motors’ Cruise will lay off about 1,000 employees, including CEO Marc Whitten, as it shifts focus from robotaxi to personal self-driving vehicle development. The move follows the ...
About 88% of remaining employees are in engineering or related roles, and impacted employees were given 60 days’ notice.
GM is closing its subsidiary Cruise, which has been developing self-driving cars. GM is only taking on around half of the ...