GM completes its acquisition of Cruise, which means a brutal 50% reduction in workforce. Those remaining will work on ...
In the last quarter of 2024, General Motors said it had become “variable profit positive” for the first time for its electric ...
GM said on Tuesday it had completed the full acquisition of its Cruise business to focus on developing autonomous technology ...
General Motors on Tuesday completed its acquistion of the Cruise autonomous vehicle unit, laying off half the workforce. The ...
NASCAR legend and GM dealer Rick Hendrick bought the first ZR1. While it rounds out his massive Corvette collection, that's ...
In June 2024, GM injected another $850 million into Cruise, bringing its total spend on the company since acquiring most of ...
General Motors is slashing Cruise's workforce by half after buying out all other remaining shareholders of the autonomous ...
General Motors is still very much a company that runs on gasoline, but electric vehicles are increasingly becoming an ...
About 88% of remaining employees are in engineering or related roles, and impacted employees were given 60 days’ notice.
GM is aiming to restore its profitability in the Chinese market in 2025 after facing three consecutive quarters of losses and ...
General Motors (GM) announced that it has completed its previously announced acquisition of GM Cruise Holdingsfollowing the approval of GM’s ...
It's looking like 2025 may be a turbulent year for vehicle manufacturers. Here's a review of some of the big changes expected at GM.