GM just over a year ago said Cruise would be a $50 billion per-year business. The company never made money and its parent ...
General Motors on Tuesday completed its acquistion of the Cruise autonomous vehicle unit, laying off half the workforce. The ...
Defunct robotaxi company Cruise has begun to lay off employees today, sources tell The Verge. The layoffs come two months ...
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FOX 7 Austin on MSNCruise not relaunching robotaxi service following full GM acquisitionCruise, the autonomous vehicle company, says it is not relaunching its robotaxi service. This news comes after GM announced ...
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GlobalData on MSNGeneral Motors takes full control of Cruise robotaxi ventureThe auto giant plans to integrate Cruise's technology into its existing Super Cruise system, which enables hands-free driving ...
In June 2024, GM injected another $850 million into Cruise, bringing its total spend on the company since acquiring most of ...
Cruise is laying off about 50% of its workforce, affecting nearly 1,000 employees, as GM shifts focus to other automotive ...
Several of Cruise’s leaders, including Chief Executive Officer Marc Whitten, will leave this week in the overhaul.
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AutoGuide on MSNGM Wants To Bring Super Cruise Self-Driving Technology To Urban RoadsGeneral Motors has taken full control of Cruise LLC—shifting its focus away from robotaxis to integrating autonomous ...
GM said on Tuesday it had completed the full acquisition of its Cruise business to focus on developing autonomous technology ...
All told, the General Motors-owned business let go about 50% of its workforce, Cruise spokeswoman Sara Autio said in an emailed statement. That figure includes employees based in ...
General Motors expects to save up to $1 billion annually by ending its Cruise robotaxi development program, CEO and Chair ...
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