GM just over a year ago said Cruise would be a $50 billion per-year business. The company never made money and its parent ...

The robotaxi business is largely being abandoned in favor of autonomous technology for personal vehicles—specifically, GM’s ...

General Motors is laying off roughly half of the employees who remain at its discontinued Cruise robotaxi business.

In June 2024, GM injected another $850 million into Cruise, bringing its total spend on the company since acquiring most of ...

Cruise held an all-hands meeting today, in which it announced that GM had acquired full control of the company. A ...

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

General Motors expects to save up to $1 billion annually by ending its Cruise robotaxi development program, CEO and Chair ...

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

Now that Cruise is no longer operating a network of autonomous ride-hailing services, GM is winding down its staff while ...

General Motors Co. is cutting almost half of the workforce in the Cruise driverless car unit, according to an internal memo ...

Those laid off were based in California, Arizona and other locations. A GM spokesman said fewer than 20 Michigan workers were laid off in the move. Laid-off Cruise employees were informed Tuesday as ...