General Motors is taking full ownership of GM Cruise Holdings LLC, which will be absorbed into the development team working on the Super Cruise driving system.
General Motors ... of Cruise’s operations after a pedestrian incident, with resources redirected to GM’s Super Cruise system, aiming for $1 billion in annual savings. FILE - Cruise AV ...
What remains of Cruise will move under parent company General Motors as the automaker directs ... and focus our efforts on continuing to build world-class AV technology." As of January 2024 ...
Whales with a lot of money to spend have taken a noticeably bearish stance on General Motors ... GM's Cruise autonomous vehicle arm has previously done driverless geofenced AV robotaxi services ...
Autonomous vehicle company Cruise is laying off "nearly" 50% of its workforce — cuts that extend to the CEO and several other top executives — as it prepares to shut down operations. What remains of ...
General Motors Co. is cutting ... At the time, Cruise said the accident was the result of its “Collision Detection Subsystem,” which “may cause the Cruise AV to attempt to pull over out ...
General Motors GM has been analyzed ... 2023's share was 16.5%. GM's Cruise autonomous vehicle arm has previously done driverless geofenced AV robotaxi services in San Francisco and other cities ...
Presentation Operator Good morning and welcome to the General Motors Company 4th-Quarter and Calendar Year 2024 Earnings Conference Call. During the opening remarks, all participants will be in a ...
Despite the demise of General Motors’ Cruise robotaxi business in 2024 ... AVIA would like the federal government to step in and provide standardized AV regulation that would apply across the country.