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A new automatic lane change ability brings this hands-free driver assistance technology closer to parity with our favorite ...
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.
The latest version of Ford BlueCruise is now more competitive with GM's Super Cruise system, which already offers automatic ...
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.
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.
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%.
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 ...
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 ...
General Motors scraps robotaxi development in new fallout from 2023 crash. The decision to shut down GM subsidiary Cruise is a major blow to an automaker once seen as a leader in the autonomous ...
GM's plan is to combine the Cruise and GM technical teams into one to continue working on AV technology. To integrate Cruise into GM, which owns about 90% of the Cruise business, the automaker ...