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GM CRUISE
General Motors to retreat from robotaxis and stop funding its Cruise autonomous vehicle unitGeneral Motors is pulling out of the robotaxi business and ceasing funding for its Cruise autonomous vehicle unit due to high costs and inc...- GM Cruise robotaxi unit names former Ford, Apple exec as safety chiefCruise named Steve Kenner as its chief safety officer, who will oversee Cruise's safety management systems and operations.
- GM to cut spending by $1 billion on robotaxi unit Cruise in 2024General Motors is cutting spending by about $1 billion on its troubled robotaxi unit Cruise in 2024. Last week, Cruise disclosed probes by ...
- General Motors shares jump 9% as CEO Barra promises shareholders more cashBarra highlighted moves to return cash to shareholders, including $12 billion in 2023 through a $10 billion share buyback and a 33% dividen...
- GM's Cruise robotaxi unit lays off 900 workers amid San Francisco crash probeThe subsidiary announced the cuts Thursday in a letter to Cruise's 3,800 workers from President and Chief Technical Officer Mo ElShenawy, w...
- GM's Cruise plans small relaunch of driverless robotaxisCruise last week paused all supervised and manual car trips in the United States while also expanding a safety review of its robotaxis, cau...
- GM's Cruise CEO Kyle Vogt resigns from companyVogt, 38, offered little in the way of explanation, stating simply "I have resigned from my position," according to his email to staff view...
- Cruise grew fast and angered regulators. Now it's dealing with the falloutCalifornia's Department of Motor Vehicles last week accused Cruise of omitting the woman being dragged from a video of the incident it init...
- Board of GM's Cruise reviewing regulatory response, technologyFederal and state safety regulators are investigating a series of accidents involving driverless Cruise vehicles. California regulators sus...
- US probes GM's Cruise robocars over pedestrian close callsAsked about the videos, Cruise said on Friday the vehicles were tracking all pedestrians in both cases and that it has "made improvements a...
- California sidelines GM Cruise's driverless cars, cites safety riskCalifornia has ordered General Motors' Cruise unit to remove its driverless cars from state roads, citing the vehicles as a risk to public ...
- California regulator probes crashes involving GM's Cruise robotaxisThe statement from California Department of Motor Vehicles (DMV) came after a Cruise robotaxi was involved in a crash with an emergency veh...
- California regulator probes crashes involving GM's Cruise robotaxisThe statement from California Department of Motor Vehicles (DMV) came after a Cruise robotaxi was involved in a crash with an emergency veh...
- GM buys SoftBank's $2.1-billion stake in cruise Robo-car unitGM also said on Friday it will invest another $1.35 billion in Cruise, which makes up for the amount that SoftBank had pledged to invest in...
- General Motors to pay $2.1 billion for SoftBank's stake in Cruise's self-driving unitFor $2.1 billion, General Motors will buy SoftBank Vision Fund 1's equity ownership of Cruise's driverless vehicle company. Softbank's exit...
- GM exec: Cruise to start autonomous taxi service next yearGeneral Motors' Cruise autonomous vehicle subsidiary plans to start running a fully autonomous taxi service in San Francisco next year.
- Ford, GM to settle trademark fight over hands-free drivingThe tit-for-tat legal skirmish began in July when GM sued Ford for violating its trademarked driver-assist technology. It said it was takin...
- Cruise, GM partner with Microsoft to ramp up self-driving vehiclesMicrosoft will join GM, Honda and institutional investors in a combined new equity investment of more than $2 billion in Cruise, bringing t...
- Indian Dhivya Suryadevara named CFO of US biggest auto company GMDhivya Suryadevara has played an integral role in some key deals GM has made over the past few years. She was named vice president, corpora...
- GM unveils fully autonomous electric car that doesn’t have a steering wheelIn its safety report, GM returned to the integrated-manufacturing priority that it believes has enabled Cruise to produce its vehicles with...
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