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 ...

In June 2024, GM injected another $850 million into Cruise, bringing its total spend on the company since acquiring most of ...

General Motors is laying off roughly half of the employees who remain at its discontinued Cruise robotaxi business.

Cruise held an all-hands meeting today, in which it announced that GM had acquired full control of the company. A ...

Now that Cruise is no longer operating a network of autonomous ride-hailing services, GM is winding down its staff while ...

General Motors on Tuesday completed its acquistion of the Cruise autonomous vehicle unit, laying off half the workforce. The ...

GM said on Tuesday it had completed the full acquisition of its Cruise business to focus on developing autonomous technology ...

General Motors is giving up on its Cruise robotaxi business. The auto giant said Tuesday that it would end development at the ...

General Motors Co. is cutting about 50% of the workforce of its former Cruise self-driving car unit just shy of two months ...

General Motors expects to save up to $1 billion annually by ending its Cruise robotaxi development program, CEO and Chair ...

Cruise is laying off about 50% of its workforce, affecting nearly 1,000 employees, as GM shifts focus to other automotive ...