In an all-hands meeting on Monday, Cruise executives informed employees that GM had officially assumed full control of the ...

We calculate that at year-end 2024, GM had automotive net cash excluding legacy obligations of $6.0 billion, or $5.72 per diluted share. Per the 10-K, global pension contributions in 2025 are expected ...

General Motors has taken full control of Cruise LLC—shifting its focus away from robotaxis to integrating autonomous ...

GM completes its acquisition of Cruise, which means a brutal 50% reduction in workforce. Those remaining will work on ...

General Motors said that it will integrate the technology of Cruise into its Super Cruise assisted driving system now that it ...

About 88% of remaining employees are in engineering or related roles, and impacted employees were given 60 days’ notice.

Defunct robotaxi company Cruise has begun to lay off employees today, sources tell The Verge. The layoffs come two months ...

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

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

General Motors is taking full ownership of GM Cruise Holdings LLC, which will be absorbed into the development team working on the Super Cruise driving system.

General Motors said on Tuesday it had completed the full acquisition of its Cruise business to focus on developing the ...

This week, we stumbled upon something truly special in the form of a beautiful low-mileage 2017 Chevrolet Corvette Z06 ...