Several of Cruise’s leaders, including Chief Executive Officer Marc Whitten, will leave this week in the overhaul.

GM just over a year ago said Cruise would be a $50 billion per-year business. The company never made money and its parent ...

About 88% of remaining employees are in engineering or related roles, and impacted employees were given 60 days’ notice.

WASHINGTON (Reuters) -U.S. auto safety regulators on Wednesday closed a probe ... robotaxis. GM had invested more than $10 billion in Cruise since 2016 and the unit is being folded into the ...

The NHTSA was aware of five incidents involving Cruise vehicles and pedestrians. In October, the agency imposed a $1.5 million fine on the robotaxi-developing company. Cruise has since ceased ...

Now that Cruise is no longer operating a network of autonomous ride-hailing services, GM is winding down its staff while ...

Why It Matters: The new probe comes merely days after NHTSA closed its probe into GM’s Cruise robotaxis in light of the company ceasing business operations. The NHTSA commenced the probe into ...

US Auto Safety Regulator Closes Probe Into Nearly 7,000 Fisker Electric SUVs (Reuters) - The U.S. auto safety regulator closed its probe into 6,971 Fisker Ocean SUVs on Friday over inadvertent ...

WASHINGTON (Reuters) -U.S. auto safety regulators on Wednesday closed a probe ... Cruise business and would no longer fund work on self-driving robotaxis. GM had invested more than $10 billion in ...