General Motors on Tuesday completed its acquistion of the Cruise autonomous vehicle unit, laying off half the workforce. The ...

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

General Motors announced that it would be shutting down its Cruise robotaxi division responsible for autonomous vehicle testing and development. The plan was for GM to finish the last round of layoffs ...

GM just over a year ago said Cruise would be a $50 billion per-year business. The company never made money and its parent ...

Cruise, the autonomous vehicle company, says it is not relaunching its robotaxi service. This news comes after GM announced it had acquired full ownership of Cruise.

Now that Cruise is no longer operating a network of autonomous ride-hailing services, GM is winding down its staff while ...

GM said on Tuesday it had completed the full acquisition of its Cruise business to focus on developing autonomous technology ...

The layoffs come as General Motors announced that it completed a full acquisition of Cruise, bringing the one-time startup completely under its roof. With GM’s ownership comes a change in focus.

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 ...

GM and other automakers are closely monitoring how tariffs on vehicles and parts from Canada, Mexico and elsewhere will impact their business.

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 ...