In June 2024, GM injected another $850 million into Cruise, bringing its total spend on the company since acquiring most of ...
Defunct robotaxi company Cruise has begun to lay off employees today, sources tell The Verge. The layoffs come two months ...
The robotaxi business is largely being abandoned in favor of autonomous technology for personal vehicles—specifically, GM’s ...
Most Americans aren’t sold on driverless cars or robotaxis, but they’re coming anyways; Tesla (TSLA), Uber (UBER), and Lyft ...
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 is laying off off roughly half of its employees who remain at its discontinued Cruise robotaxi business.
The toaster-shaped vehicle made safe if conservative decisions and offered a relatively comfortable ride through Las Vegas.
General Motors Co. is cutting almost half of the workforce in the Cruise driverless car unit, according to an internal memo ...
Cruise announced massive layoffs as it shifts away from robotaxis, leaving Tesla and Waymo as the sole contenders in the ...
GM is closing its subsidiary Cruise, which has been developing self-driving cars. GM is only taking on around half of the ...
Dallas is set to be the first stop for a new robotaxi effort by Lyft.