GM Axes Half of Cruise as It Ditches Robotaxi Business
The robotaxi business is largely being abandoned in favor of autonomous technology for personal vehicles—specifically, GM’s Super Cruise system, which it has installed in many of its newer models. GM’s shift to Super Cruise is two-fold: First and foremost,
GM gives up on loss-making Cruise robotaxi business
General Motors is giving up on its Cruise robotaxi business. The auto giant said Tuesday that it would end development at the loss-making unit, which had once been a top priority. GM said too much time and resources would be required to make Cruise a success.
GM said on Tuesday it had completed the full acquisition of its Cruise business to focus on developing autonomous technology ...
In June 2024, GM injected another $850 million into Cruise, bringing its total spend on the company since acquiring most of ...
GM completes its acquisition of Cruise, which means a brutal 50% reduction in workforce. Those remaining will work on ...
Cruise is laying off about 50% of its workforce, affecting nearly 1,000 employees, as GM shifts focus to other automotive ...
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 ...
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Report: GM Absorbs What's Left Of CruiseGeneral Motors’ Cruise division had been on the rocks after a tough couple of years. The Detroit automaker put the final nail ...
General Motors has taken full control of Cruise LLC—shifting its focus away from robotaxis to integrating autonomous ...
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