General Motors announced that it would be shutting down its Cruise robotaxi division responsible for autonomous vehicle testing and development. The plan was for GM to finish the last round of layoffs ...
In a call with analysts last month, General Motors CEO Mary Barra predicted a terrific flow of new revenue within five years—$2 billion a year in recurring fees from customers using its autonomous ...
The General Motors automotive group has decided to put an end to its Cruise driverless autonomous cabs. This decision follows ...
Welcome to the latest edition of “Sector Spotlight,” where The Fly looks at a new industry every week and highlights its ...
Nissan isn’t giving up on love just yet. Despite the fact its merger deal with Honda to create the world’s third-largest ...
General Motors (GM) has completed its acquisition of Cruise, the autonomous vehicle business, as part of a strategic pivot to ...
Top Stories GM cuts nearly half of Cruise workforce, abandons robotaxi plans. Read More Leadership clash derails Honda-Nissan ...
For decades, Nissan and Honda have competed with one another ... that this move will come with some big layoffs as well: ...
Plus Elon Musk’s politics are putting buyers off in Europe and General Motors slashed 1,000 jobs from its autonomous Cruise division ...
General Motors Co. GM said on Tuesday that it will integrate the technology of Cruise into its Super Cruise assisted driving system now that it has fully acquired the latter. What Happened ...
DETROIT (Reuters) – General Motors has finalized the complete acquisition of its Cruise autonomous vehicle unit to focus on developing the technology for personal vehicles instead of on robotaxis, the ...