Welcome to the latest edition of “Sector Spotlight,” where The Fly looks at a new industry every week and highlights its ...
General Motors (GM) announced that it has completed its previously announced acquisition of GM Cruise Holdingsfollowing the approval of GM’s ...
Credit: Jonathan Weiss/Shutterstock. General Motors (GM) has completed its acquisition of Cruise, the autonomous vehicle business, as part of a strategic pivot to developing autonomous technology ...
General Motors (GM) has completed its acquisition of Cruise, the autonomous vehicle business ... advice on which you should rely, and we give no representation, warranty or guarantee, whether ...
The remaining portion of Cruise will be integrated into parent company General Motors (NYSE: NYSE:GM), as the automaker plans to focus on enhancing its Super Cruise hands-free driver assistance ...
General Motors’ Cruise will lay off about 1,000 employees, including CEO Marc Whitten, as it shifts focus from robotaxi to personal self-driving vehicle development. The move follows the ...
General Motors is laying off off roughly half of its employees who remain at its discontinued Cruise robotaxi business.
General Motors on Tuesday completed its acquistion of the Cruise autonomous vehicle unit, laying off half the workforce. The 1,000 who remain at General Motors will be folded into the company's ...
The automaker consolidated its holding in the autonomous vehicle ride-service developer and will merge the business with its own self-driving and driver assistance platform. General Motors completed ...
General Motors Co. is cutting about half of the workforce in the Cruise driverless car unit ... GM’s announcement in December that it would no longer pursue robotaxi development, citing ...
"We are focused on combining efforts with General Motors to accelerate autonomy at scale on personal autonomous vehicles," the spokesperson said in a statement. The GM and Cruise teams will work ...
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