GM said in December it would halt funding of the Cruise robotaxi business ... GM executives pitched Super Cruise as one of its growth areas this year. CEO Mary Barra told investors the automaker ...

With Cruise goes the company’s aspiration of using robotaxi fares to help double revenue by 2030. Instead, GM will focus its cash and resources on share buybacks and its electric vehicle (EV ...

This move comes after GM revealed in December that it would cease funding the Cruise robotaxi business. GM’s decision to cease development of robotaxis was part of a broader internal cost ...

In December, General Motors said it would no longer fund its Cruise robotaxi venture, highlighting the difficulty -- and costliness -- of building and scaling autonomous driving technology.

Job cuts were predictable when GM announced it was winding down the Cruise robotaxi business ... and Miami, those areas were most affected by the lay-offs. “We are grateful for their passion ...

General Motors announced major layoffs at Cruise, its robotaxi venture, as it moves away from robotaxis following an unfortunate event in Las Vegas last year. About 1,000 employees have been put ...

General Motors' robotaxi company Cruise has begun laying off half of its workforce, The Verge reports — a nail in the coffin for the company, two months after General Motors pulled its funding. GM has ...

With Cruise goes the company’s aspiration of using robotaxi fares to help double revenue by 2030. Instead, GM will focus its cash and resources on share buybacks and its electric vehicle ...

GENERAL Motors (GM) is cutting almost half of the workforce in the Cruise driverless car unit, according to an internal memo and sources familiar with the matter, part of a previously announced plan ...