General Motors has finalized the complete acquisition of its Cruise autonomous vehicle unit to focus on developing the ...

GM said on Tuesday it had completed the full acquisition of its Cruise business to focus on developing autonomous technology ...

General Motors is slashing Cruise's workforce by half after buying out all other remaining shareholders of the autonomous ...

About 88% of remaining employees are in engineering or related roles, and impacted employees were given 60 days’ notice.

GM completes its acquisition of Cruise, which means a brutal 50% reduction in workforce. Those remaining will work on ...

General Motors’ Cruise will lay off about 1,000 employees, including CEO Marc Whitten, as it shifts focus from robotaxi to ...

Plus Elon Musk’s politics are putting buyers off in Europe and General Motors slashed 1,000 jobs from its autonomous Cruise ...

The finance arm of the Detroit automaker has resubmitted its application for an industrial loan company charter to the ...

As announced, the US automotive group General Motors (GM) has acquired all outstanding shares of the robotaxi company Cruise ...

Shantanu Naidu, late industrialist Ratan Tata’s close confidant, has been appointed general manager of the strategist ...

Cruise announced massive layoffs as it shifts away from robotaxis, leaving Tesla and Waymo as the sole contenders in the ...

A quick glance at the headlines doesn’t seem to offer much solace for investors of automotive giant General Motors (GM). The ...