In June 2024, GM injected another $850 million into Cruise, bringing its total spend on the company since acquiring most of ...
The robotaxi business is largely being abandoned in favor of autonomous technology for personal vehicles—specifically, GM’s ...
GM just over a year ago said Cruise would be a $50 billion per-year business. The company never made money and its parent ...
Defunct robotaxi company Cruise has begun to lay off employees today, sources tell The Verge. The layoffs come two months ...
General Motors' Cruise robotaxi unit laid off approximately half its workforce Tuesday, as the automaker completed a ...
General Motors is laying off roughly half its employees who remain at its discontinued Cruise robotaxi business. The plans ...
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The toaster-shaped vehicle made safe if conservative decisions and offered a relatively comfortable ride through Las Vegas.
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 ...
GM is laying off roughly 1,000 employees at its Cruise autonomous vehicle unit, cutting nearly 50% of its workforce.
General Motors is giving up on its Cruise robotaxi business. The auto giant said Tuesday that it would end development at the ...
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