Haven’t looked back. When General Motors announced earlier this month their subsidiary Cruise is being shut down, it marked ...
The driverless ride-hailing service was supposed to be the shining star of GM's growth plans, leading to $50 billion in ...
The Register stumbles upon the place self-driving cabs appear to be rusting away into history Pictures General Motors is ...
Now Cruise employees will be combined with GM’s internal teams working on advanced driver assist systems, like Super Cruise, as well as its project to develop autonomous vehicles to sell to customers ...
It is not only Detroit. Across the globe, legacy automakers are in the throes of a reckoning that comes as the guts of ...
The automaker has invested more than $10 billion in Cruise. GM shares rose 3.2% in extended trading on Tuesday. In 2023, GM CEO Mary Barra said the Cruise business could generate $50 billion in ...
The pivot is a remarkable step for the automaker, which acquired the self-driving startup Cruise in March 2016 for $1 billion. Since then, GM has spent more than $10 billion on the company in a ...
The automaker said it will combine Cruise, of which GM is majority owner, and GM technical teams into a single effort to advance autonomous and assisted driving in personal cars. As a result ...
A few days ago, GM announced that it would stop funding the Cruise division that it acquired in 2016. They had reportedly been having issues since the announcement of their Origin taxies in 2022 ...
We may earn a commission from links on this page. GM cited the time and resources it would take the scale up Cruise’s robotaxi business as the motivation for the decision, as well as the ...
GM reported strong fourth quarter and full-year 2024 sales results in the US, capping off a strong year for the Big Three ...