In June 2024, GM injected another $850 million into Cruise, bringing its total spend on the company since acquiring most of ...
Defunct robotaxi company Cruise has begun to lay off employees today, sources tell The Verge. The layoffs come two months ...
The robotaxi business is largely being abandoned in favor of autonomous technology for personal vehicles—specifically, GM’s ...
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FOX 7 Austin on MSNCruise not relaunching robotaxi service following full GM acquisitionCruise, the autonomous vehicle company, says it is not relaunching its robotaxi service. This news comes after GM announced ...
General Motors is laying off off roughly half of its employees who remain at its discontinued Cruise robotaxi business.
GM just over a year ago said Cruise would be a $50 billion per-year business. The company never made money and its parent ...
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 giving up on its Cruise robotaxi business. The auto giant said Tuesday that it would end development at the ...
GM is laying off roughly 1,000 employees at its Cruise autonomous vehicle unit, cutting nearly 50% of its workforce.
General Motors expects to save up to $1 billion annually by ending its Cruise robotaxi development program, CEO and Chair ...
GM is closing its subsidiary Cruise, which has been developing self-driving cars. GM is only taking on around half of the ...
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