GM completes its acquisition of Cruise, which means a brutal 50% reduction in workforce. Those remaining will work on ...
General Motors has taken full control of Cruise LLC—shifting its focus away from robotaxis to integrating autonomous ...
NASCAR legend and GM dealer Rick Hendrick bought the first ZR1. While it rounds out his massive Corvette collection, that's ...
General Motors on Tuesday completed its acquistion of the Cruise autonomous vehicle unit, laying off half the workforce. The ...
GM said on Tuesday it had completed the full acquisition of its Cruise business to focus on developing autonomous technology ...
In the last quarter of 2024, General Motors said it had become “variable profit positive” for the first time for its electric ...
The layoffs come two months after GM announced it will focus on developing Cruise's autonomous tech for personal cars, rather ...
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 almost half of the workforce in the Cruise driverless car unit, according to an internal memo ...
About 88% of remaining employees are in engineering or related roles, and impacted employees were given 60 days’ notice.
General Motors’ lack of preparedness for tariffs raises concerns. Read why GM stock could face cost pressures that ...
GM is redefining the role of EVs, turning them into more than just a mode of transportation through its GM Energy initiative.