GM, Cruise and robotaxi
Cruise announced massive layoffs as it shifts away from robotaxis, leaving Tesla and Waymo as the sole contenders in the ...
The automaker expects to save up to $1 billion annually by ending its Cruise robotaxi development program, according to details shared during the company’s fourth-quarter earnings call.
The robotaxi business is largely being abandoned in favor of autonomous technology for personal vehicles—specifically, GM’s Super Cruise system, which it has installed in many of its newer models.
has announced that almost half of all staff within the Cruise division are to be let go, as it calls an end to its robotaxi business. Reportedly more than 1,000 of the roughly 2,100 employees are ...
GM said on Tuesday it had completed the full acquisition of its Cruise business to focus on developing autonomous technology ...
General Motors Co. is cutting almost half of the workforce in its Cruise driverless car unit, according to an internal memo and people familiar with the matter, part of a previously announced plan ...
By closing the Robotaxi subsidiary, GM aims to reduce its costs by one billion US dollars per year. GM has invested tens of billions in Cruise since 2016, with 1.7 billion US dollars in 2024 alone ...
The automaker expects to save up to $1 billion annually by ending its Cruise robotaxi development program., according to details shared during the company's fourth-quarter earnings call.
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