GM Axes Half of Cruise as It Ditches Robotaxi Business
The robotaxi business is largely being abandoned in favor of autonomous technology for personal vehicles—specifically, GM’s Super Cruise system, which it has installed in many of its newer models. GM’s shift to Super Cruise is two-fold: First and foremost,
In June 2024, GM injected another $850 million into Cruise, bringing its total spend on the company since acquiring most of ...
GM just over a year ago said Cruise would be a $50 billion per-year business. The company never made money and its parent ...
Defunct robotaxi company Cruise has begun to lay off employees today, sources tell The Verge. The layoffs come two months ...
Several of Cruise’s leaders, including Chief Executive Officer Marc Whitten, will leave this week in the overhaul.
Cruise announced massive layoffs as it shifts away from robotaxis, leaving Tesla and Waymo as the sole contenders in the ...
General Motors is charting a technological future focused on its Super Cruise driver assistance technology, similar to ...
General Motors expects to save up to $1 billion annually by ending its Cruise robotaxi development program, CEO and Chair ...
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