GM said on Tuesday it had completed the full acquisition of its Cruise business to focus on developing autonomous technology ...
General Motors on Tuesday completed its acquistion of the Cruise autonomous vehicle unit, laying off half the workforce. The ...
General Motors has finalized the complete acquisition of its Cruise autonomous vehicle unit to focus on developing the ...
In June 2024, GM injected another $850 million into Cruise, bringing its total spend on the company since acquiring most of ...
A quick glance at the headlines doesn’t seem to offer much solace for investors of automotive giant General Motors (GM). The ...
Several of Cruise’s leaders, including Chief Executive Officer Marc Whitten, will leave this week in the overhaul.
The robotaxi business is largely being abandoned in favor of autonomous technology for personal vehicles—specifically, GM’s ...
About 88% of remaining employees are in engineering or related roles, and impacted employees were given 60 days’ notice.
The General Motors Company ( NYSE:GM ) share price has had a bad week, falling 13%. But the silver lining is the ...
GM completes its acquisition of Cruise, which means a brutal 50% reduction in workforce. Those remaining will work on ...
General Motors’ lack of preparedness for tariffs raises concerns. Read why GM stock could face cost pressures that ...
GM is redefining the role of EVs, turning them into more than just a mode of transportation through its GM Energy initiative.