General Motors Co. (NYSE: GM) stock had a stellar 2024, rising nearly 50%. The company was outperforming all its peers like ...
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 ...
Several of Cruise’s leaders, including Chief Executive Officer Marc Whitten, will leave this week in the overhaul.
In June 2024, GM injected another $850 million into Cruise, bringing its total spend on the company since acquiring most of ...
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 ...
GM said on Tuesday it had completed the full acquisition of its Cruise business to focus on developing autonomous technology for personal vehicles.
Now that Cruise is no longer operating a network of autonomous ride-hailing services, GM is winding down its staff while ...
Cruise, the autonomous vehicle company, says it is not relaunching its robotaxi service. This news comes after GM announced ...
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 has taken full control of Cruise LLC—shifting its focus away from robotaxis to integrating autonomous ...
As announced, the US automotive group General Motors (GM) has acquired all outstanding shares of the robotaxi company Cruise ...
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 ...