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, as part of a strategic pivot to developing autonomous technology for personal vehicles instead of ...
General Motors (GM)’ autonomous vehicle company Cruise is laying off 50% of its workforce as it prepares to shut down operations, Rebecca Bellan of TechCrunch reports, citing an internal email.
General Motors (GM) announced that it has completed its previously announced acquisition of GM Cruise Holdingsfollowing the approval of GM’s merger offer by the Cruise Board of Directors.
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 ...
WASHINGTON — U.S. automobile safety regulators are closing their preliminary investigation into General Motors' Cruise robotaxis without taking further action. The National Highway Traffic ...
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 ...
"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 ...
General Motors Co. is cutting about half of the workforce in the Cruise driverless car unit, the company confirmed Tuesday — part of a previously announced plan to halt robotaxi service and ...
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 ...
While GM's investment in Cruise did not yield the desired outcome, the company gained valuable experience and insights into autonomous technology. General Motors had high hopes for its self ...
Cruise was launched in 2013 with a plan to offer self-driving technology as kits, in a direct-to-consumer model. General Motors made its majority investment three years later, but it allowed the ...