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 for personal vehicles.

General Motors on Tuesday completed its acquistion of the Cruise autonomous vehicle unit, laying off half the workforce. The 1,000 who remain at General Motors will be folded into the company's ...

GM is taking full ownership of GM Cruise Holdings LLC now that the Cruise Board of Directors has approved GM’s merger offer. Previously, General Motors owned about 90 percent of Cruise ...

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

General Motors expects to save up to $1 billion annually by ending its Cruise robotaxi development program, CEO and Chair Mary Barra said Tuesday during the company's earnings call. The estimate ...

GM’s Cruise to Cut 1,000 Jobs as Robotaxi Service Shuts Down Cruise CEO Whitten to step down seven months after taking job GM has cited costs, competition for retreat from robotaxis ...

General Motors is laying off roughly half of the employees who remain at its discontinued Cruise robotaxi business. The plans come two months after GM said it would no longer fund Cruise after ...

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 ...

What remains of Cruise will move under parent company General Motors as the automaker directs ... Rebecca studied journalism and history at Boston University. She has invested in Ethereum.

General Motors expects to save up to $1 billion annually by ending its Cruise robotaxi development ... Rebecca studied journalism and history at Boston University. She has invested in Ethereum.