GM Axes Half of Cruise
GM Axes Half of Cruise as It Ditches Robotaxi Business
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. GM’s shift to Super Cruise is two-fold: First and foremost,
GM gives up on loss-making Cruise robotaxi business
General Motors is giving up on its Cruise robotaxi business. The auto giant said Tuesday that it would end development at the loss-making unit, which had once been a top priority. GM said too much time and resources would be required to make Cruise a success.
GM is laying off roughly 1,000 employees at its Cruise autonomous vehicle unit, cutting nearly 50% of its workforce.
Cruise announced massive layoffs as it shifts away from robotaxis, leaving Tesla and Waymo as the sole contenders in the ...
General Motors expects to save up to $1 billion annually by ending its Cruise robotaxi development program, CEO and Chair Mary Barra said Tuesday during the company’s earnings call. The estimate ...
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 ...
In a mark of the safety challenges facing such autonomous-car initiatives, General Motors recently ended funding for robotaxi firm Cruise following a number of troubling incidents, including one ...
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Cruise not relaunching robotaxi service following full GM acquisitionCruise, the autonomous vehicle company, says it is not relaunching its robotaxi service. This news comes after GM announced ...
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