General Motors on Tuesday completed its acquistion of the Cruise autonomous vehicle unit, laying off half the workforce. The ...
GM just over a year ago said Cruise would be a $50 billion per-year business. The company never made money and its parent ...
GM sent out a press release (after the layoffs were announced internally) that it has completed its acquisition of GM Cruise Holdings LLC following the approval of GM’s merger offer by the Cruise ...
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Hosted on MSNGM Thinks Super Cruise Will Generate $2 Billion Per YearGeneral Motors has been bullish about promoting Super Cruise, its Level 2 hands-free driving technology. GM CEO Mary Barra ...
GM said on Tuesday it had completed the full acquisition of its Cruise business to focus on developing autonomous technology ...
The paid subscription for the Super Cruise hands-free driving system could be a considerable revenue stream for GM over the ...
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Hosted on MSNGM Thinks Super Cruise Subscriptions Could Yield $2 Billion In Annual Revenue By 2030General Motors announced that it would be shutting down its Cruise robotaxi division responsible for autonomous vehicle testing and development. The plan was for GM to finish the last round of layoffs ...
GM's Super Cruise hands-free driving system is the winner of MotorTrend's inaugural Best Tech Award in the Driver Assistance ...
MotorTrend awarded GMs’ Super Cruise system the automotive industry’s best driver assistance program title in its inaugural ...
General Motors GM.N said on Tuesday it had completed the full acquisition of its Cruise business to focus on developing the autonomous technology for personal vehicles not robotaxis. The Detroit ...
Industry analysts cite various factors for Cruise's failure, including a pedestrian accident, executive departures and regulatory scrutiny. GM's decision reflects a broader trend in the automotive ...
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