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

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

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

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

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

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

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

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

General Motors on Tuesday completed its acquistion of the Cruise autonomous vehicle unit, laying off half the workforce. The ...

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

Several of Cruise’s leaders, including Chief Executive Officer Marc Whitten, will leave this week in the overhaul.

GM is laying off roughly 1,000 employees at its Cruise autonomous vehicle unit, cutting nearly 50% of its workforce.