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 on Tuesday completed its acquistion of the Cruise autonomous vehicle unit, laying off half the workforce. The ...
Read here for an analysis of General Motors (GM) stock's discounted prospects amidst Cruise restructuring, tariff concerns, ...
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.
In June 2024, GM injected another $850 million into Cruise, bringing its total spend on the company since acquiring most of ...
GM said on Tuesday it had completed the full acquisition of its Cruise business to focus on developing autonomous technology for personal vehicles.
GM and other automakers are closely monitoring how tariffs on vehicles and parts from Canada, Mexico and elsewhere will impact their business.
Several of Cruise’s leaders, including Chief Executive Officer Marc Whitten, will leave this week in the overhaul.
General Motors (GM) has completed its acquisition of Cruise, the autonomous vehicle business, as part of a strategic pivot to developing autonomous technology for personal vehicles instead of ...
Stellantis says its AutoDrive system is ready to deploy and is geared toward commutes in stop-and-go traffic. But the company ...
General Motors (GM) has completed its acquisition of Cruise and will use its technology to boost GM's Super Cruise autonomous driving technology. At the time, GM owned about 90% of Cruise, but it is ...