Cruise held an all-hands meeting today, in which it announced that GM had acquired full control of the company. A ...
The automaker consolidated its holding in the autonomous vehicle ride-service developer and will merge the business with its ...
General Motors expects ... to abandon robotaxi development. Barra expects Super Cruise revenue growth to be partially driven by users who want to continue using the service after their trial ...
General Motors expects to save up to $1 billion annually by ending its Cruise robotaxi development program, CEO and Chair Mary Barra said Tuesday during the company’s earnings call. The estimate ...
US auto safety regulators ended a federal investigation into Cruise robotaxis without taking action, removing an overhang weeks after General Motors Co. decided to shutter the struggling business.
Last month GM said that it will retreat from the robotaxi business and stop funding its money-losing Cruise autonomous vehicle unit. The Detroit-based company said at the time that it would ...
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