In June 2024, GM injected another $850 million into Cruise, bringing its total spend on the company since acquiring most of ...
General Motors Co. is cutting almost half of the workforce in the Cruise driverless car unit, according to an internal memo ...
allows manufacturers like GM to test and evaluate vehicles that might not otherwise meet federal motor vehicle safety standards (FMVSS). If Cruise wanted to launch a commercial service — meaning ...
GM is laying off roughly 1,000 employees at its Cruise autonomous vehicle unit, cutting nearly 50% of its workforce.
General Motors (GM) is laying off around half of the workforce from its discontinued Cruise robotaxi business, following its decision to shut ...
GM's shutdown of Cruise was the end of an era for them, but robotaxis are roaring ahead in the U.S. and China — in sharply different ways. Here's a deep dive.
General Motors expects to save up to $1 billion annually by ending its Cruise robotaxi development program ... aimed to commercialize robotaxis. “GM has proposed a restructuring plan that ...
Super Cruise is GM's ... $25 a month or $250 a year GM's push on hands-off driving system Super Cruise comes as the automaker exits its multi-billion-dollar-losing robotaxi business Cruise ...
In October, the agency imposed a $1.5 million fine on the robotaxi-developing company. Cruise has since ceased operations and has been folded into GM’s autonomous driving division. It’s been a ...
As a result, GM said it will no longer fund Cruise’s robotaxi development, given the considerable time and resources needed to scale the business, along with an increasingly competitive robotaxi ...