Industry analysts cite various factors for Cruise's failure, including a pedestrian accident, executive departures and regulatory scrutiny. GM's decision reflects a broader trend in the automotive ...
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.
The GM and Cruise teams will work on expanding Super Cruise to streets in urban environments, the company said. General Motors said on Tuesday it had completed the full acquisition of its Cruise ...
The estimate comes nearly two months after the automaker said it would no longer fund Cruise, its self-driving subsidiary that aimed to commercialize robotaxis. “GM has proposed a restructuring ...
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 ...
The remaining Arizona workers employed by Cruise, the troubled autonomous vehicle unit operated by General Motors, have been told they will soon be out of a job.
GM said in December it would halt funding of the Cruise robotaxi business. This followed a year of trying to overcome challenges that arose after one of its robotaxis struck and seriously injured ...
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 as ...
GM said in a statement that the decision to lay off half of the Cruise workforce was a “difficult decision.” Cruise is believed to have had about 2,300 employees as of the end of 2024.
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 ...
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 ...