Carscoops1mon
Feds Close Probe Into Cruise After GM Kills Off Robotaxi Firm
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 ...
GM’s Cruise to cut 1,000 jobs as robotaxi service shuts down
Several of Cruise’s leaders, including Chief Executive Officer Marc Whitten, will leave this week in the overhaul.
Cash cow to money pit: Why GM decided to let Cruise go
GM just over a year ago said Cruise would be a $50 billion per-year business. The company never made money and its parent ...
GM cuts 50% of Cruise staff after ending robotaxi business
About 88% of remaining employees are in engineering or related roles, and impacted employees were given 60 days’ notice.
GM cuts 1,000 jobs from Cruise, its abandoned self-driving taxi division
General Motors on Tuesday completed its acquistion of the Cruise autonomous vehicle unit, laying off half the workforce. The ...
Cruise to slash workforce by nearly 50% after GM cuts funding to robotaxi operations
In June 2024, GM injected another $850 million into Cruise, bringing its total spend on the company since acquiring most of ...
GM Authority10d
GM’s Cruise Laying Off A Hefty Portion Of Its Workforce
Now that Cruise is no longer operating a network of autonomous ride-hailing services, GM is winding down its staff while ...
Benzinga.com27d
NHTSA Opens Probe Into Nearly 878,000 GM Vehicles Over Engine Failure Concerns Days After Closing Investigation Into Its Cruise AVs
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 ...