GM just over a year ago said Cruise would be a $50 billion per-year business. The company never made money and its parent ...
In June 2024, GM injected another $850 million into Cruise, bringing its total spend on the company since acquiring most of ...
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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 ...
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 ...
2024 marked a significant milestone for the autonomous vehicle (AV) industry: the 20th anniversary of the DARPA Grand ...
Chinese electric vehicle giant BYD this week began offering advanced autonomous driving features on most of its models, ...
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.
And will that fresh talent translate into an improved advanced driver-assistance system, branded as Super Cruise, and eventually personal autonomous vehicles? I’m not convinced that acquiring ...
General Motors on Tuesday completed its acquistion of the Cruise autonomous vehicle unit, laying off half the workforce. The ...