GM has effectively decided to shut down Cruise and absorb its teams and autonomous technology. It will focus on developing autonomous systems for personal vehicles rather than public use. This ...
The decision to instead focus on providing autonomous technology in personal vehicles followed a year of GM trying to refocus and relaunch Cruise after an October 2023 pedestrian crash opened up ...
His post on LinkedIn simply stated: “Well, in unexpected news, I was let go from GM at 5:07 a.m. this morning via email, along with (I hear unofficially) about 1,000 people globally. I wonder ...
Cruise, which previously operated as a subsidiary, will now be fully absorbed by GM. That’s all a major departure for the driverless car company which had its sights set on offering paid ...
SAN FRANCISCO, Dec 11 (Reuters) - General Motors' (GM.N), opens new tab decision to pull the plug on its troubled Cruise robotaxi business highlights the harsh reality facing others still in the ...
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Tesla (TSLA) unveiled a cab that doesn’t need a driver. General Motors' (GM) stock is on fire. And EV maker Fisker went bust. Yahoo Finance Executive Editor Brian Sozzi sits down with widely ...
This follows a memorandum of understanding (MOU) signed in September by GM CEO Mary Barra and Hyundai Motor Group Executive Chair Euisun Chung. “GM and Hyundai have complementary strengths and ...
General Motors is selling its stake in an electric vehicle battery facility to its partner LG Energy Solutions, the automaker announced Monday. The nearly completed factory in Lansing, Michigan ...