GM, which owns about 90% of Cruise, has agreements with other shareholders that will raise its ownership to more than 97% and will pursue the acquisition of the remaining shares. 3.

During an investor call Tuesday, CFO Paul Jacobson said GM, which owns about 90% of Cruise, has agreements with other minor stakeholders to sell their shares and raise GM's ownership to more than 97%.

Tesla has hired Henry Kuang, the former ‘Head of Autonomy’ at GM’s failed self-driving startup, Cruise. Update: Tesla denied ...

GM CFO Paul Jacobson added that launching and operating a robotaxi service would take a significant amount of capital, beyond the $10 billion or so GM already spent on Cruise.

During an investor call Tuesday, CFO Paul Jacobson said GM, which owns about 90% of Cruise, has agreements with other minor stakeholders to sell their shares and raise GM's ownership to more than 97%.

The latest version of Ford BlueCruise is now more competitive with GM's Super Cruise system, which already offers automatic ...

Instead, after spending more than $10 billion on Cruise since acquiring it in 2016, GM is ending the robotaxi business and folding Cruise’s operations and an undetermined number of its nearly ...

A new automatic lane change ability brings this hands-free driver assistance technology closer to parity with our favorite ...

After setbacks at Cruise, GM’s self-driving vehicle arm, the automaker has decided to wait for the new Chevrolet Bolt to launch in 2025 and use the small electric crossover as its robotaxi instead.

Practical comparison of Ford BlueCruise, GM Super Cruise, and Tesla Autopilot, featuring performance scores, real-world ...

GM’s robot car unit Cruise will pay $500,000 over falsified crash report. The company will pay to resolve criminal charges after admitting it withheld key details from federal investigators ...