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

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

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 (GM) has completed its acquisition of Cruise and will use its technology to boost GM's Super Cruise autonomous driving technology. At the time, GM owned about 90% of Cruise, but it is ...

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

In the 1990s, Lockheed envisioned an aircraft so massive it needed Airbus and Boeing to build it. Explore the story of the ...

The remaining Arizona workers employed by Cruise, the troubled autonomous vehicle unit operated by General Motors, have been told they will soon be out of a job.

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 ...

The Detroit-based car manufacturing giant bought out all remaining Cruise shareholders, the company announced on Tuesday. GM previously held a 90% stake in Cruise, it said in a statement last year.

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