General Motors is laying off roughly half of the employees who remain at its discontinued Cruise robotaxi business.
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Hosted on MSNGM Thinks Super Cruise Subscriptions Could Yield $2 Billion In Annual Revenue By 2030General Motors announced that it would be shutting down its Cruise robotaxi division responsible for autonomous vehicle testing and development. The plan was for GM to finish the last round of layoffs ...
General Motors on Tuesday completed its acquistion of the Cruise autonomous vehicle unit, laying off half the workforce. The ...
GM just over a year ago said Cruise would be a $50 billion per-year business. The company never made money and its parent ...
Now that Cruise is no longer operating a network of autonomous ride-hailing services, GM is winding down its staff while ...
In June 2024, GM injected another $850 million into Cruise, bringing its total spend on the company since acquiring most of ...
General Motors Co. is cutting about 50% of the workforce of its former Cruise self-driving car unit just shy of two months after it announced it was shutting the robotaxi arm of Cruise and absorbing ...
GM said on Tuesday it had completed the full acquisition of its Cruise business to focus on developing autonomous technology ...
GM is taking full ownership of GM Cruise Holdings LLC now that the Cruise Board of Directors has approved GM’s merger offer. Previously, General Motors owned about 90 percent of Cruise ...
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Ford's BlueCruise Is Outselling GM Super Cruise By A Huge MarginLike with most GM products, you have to pay up for expensive trims, option packages or both to get Super Cruise. Ford, on the ...
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