GM Axes Half of Cruise as It Ditches Robotaxi Business
The robotaxi business is largely being abandoned in favor of autonomous technology for personal vehicles—specifically, GM’s Super Cruise system, which it has installed in many of its newer models. GM’s shift to Super Cruise is two-fold: First and foremost,
GM gives up on loss-making Cruise robotaxi business
General Motors is giving up on its Cruise robotaxi business. The auto giant said Tuesday that it would end development at the loss-making unit, which had once been a top priority. GM said too much time and resources would be required to make Cruise a success.
In June 2024, GM injected another $850 million into Cruise, bringing its total spend on the company since acquiring most of ...
Cruise held an all-hands meeting today, in which it announced that GM had acquired full control of the company. A ...
Several of Cruise’s leaders, including Chief Executive Officer Marc Whitten, will leave this week in the overhaul.
Co is cutting almost half of the workforce in the Cruise driverless car unit, according to an internal memo and people ...
Cruise announced massive layoffs as it shifts away from robotaxis, leaving Tesla and Waymo as the sole contenders in the ...
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GM Wants To Bring Super Cruise Self-Driving Technology To Urban RoadsGeneral Motors has taken full control of Cruise LLC—shifting its focus away from robotaxis to integrating autonomous ...
General Motors is charting a technological future focused on its Super Cruise driver assistance technology, similar to ...
Cruise division is letting go of 50% of its staff, including the CEO and other top executives – as the robotaxi division is absorbed into the parent company, according to TechCrunch. At the end of ...
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