Q4 2024 Earnings Call Transcript January 28, 2025 General Motors Company beats earnings expectations. Reported EPS is $1.92, expectations were $1.75. Operator: Good morning, and welcome to the General ...

Importantly, we believe SGM has the resources to complete its restructuring without additional capital from GM. As you know, we also stopped funding robotaxi ... stunning new interior, our high ...

Importantly, we believe SGM has the resources to complete its restructuring without additional capital from GM. As you know, we also stopped funding robotaxi development ... its refined exterior and ...

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

As companies like Waymo and Tesla plan to step on the gas and expand robotaxi offerings across the country, GM is shifting gears to reverse. An email obtained by TechCrunch revealed that the ...

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

Defunct robotaxi company Cruise has begun to lay off employees today, sources tell The Verge. The layoffs come two months after General Motors said it would no longer fund Cruise, and would ...

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

General Motors’ Cruise will lay off about 1,000 employees, including CEO Marc Whitten, as it shifts focus from robotaxi to personal self-driving vehicle development. The move follows the ...

General Motors Co. is cutting almost half of the workforce ... part of a previously announced plan to halt robotaxi service and absorb the operations into its broader business.

The layoffs come nearly two months after GM said it would no longer fund the development of a commercial robotaxi business and would instead focus on building personal autonomous vehicle technology.