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.
Defunct robotaxi company Cruise has begun to lay off employees today, sources tell The Verge. The layoffs come two months ...
In June 2024, GM injected another $850 million into Cruise, bringing its total spend on the company since acquiring most of ...
GM said on Tuesday it had completed the full acquisition of its Cruise business to focus on developing autonomous technology ...
General Motors has taken full control of Cruise LLC—shifting its focus away from robotaxis to integrating autonomous ...
General Motors expects to save up to $1 billion annually by ending its Cruise robotaxi development program, CEO and Chair ...
General Motors is charting a technological future focused on its Super Cruise driver assistance technology, similar to ...
General Motors is slashing Cruise's workforce by half after buying out all other remaining shareholders of the autonomous ...
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