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 ...
The robotaxi business is largely being abandoned in favor of autonomous technology for personal vehicles—specifically, GM’s ...
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.
General Motors is laying off roughly half its employees who remain at its discontinued Cruise robotaxi business. The plans ...
GM is laying off roughly 1,000 employees at its Cruise autonomous vehicle unit, cutting nearly 50% of its workforce.
General Motors' Cruise robotaxi unit laid off approximately half its workforce Tuesday, as the automaker completed a ...
General Motors is giving up on its Cruise robotaxi business. The auto giant said Tuesday that it would end development at 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 ...
Cruise announced massive layoffs as it shifts away from robotaxis, leaving Tesla and Waymo as the sole contenders in the ...