Seeing no road to profit, GM shutters Cruise
GM decides to cut its losses, will focus on partial automation for passenger cars.
GM decides to cut its losses, will focus on partial automation for passenger cars.
Autonomous-driving operations at Cruise look certain to end after its main backer, General Motors, said it will stop funding the initiative.
Ridesharing giant Uber and autonomous-car specialist Cruise are teaming up to offer robotaxi rides from as early as next year.
Software updates stopped Cruise robotaxis from brake-checking other road users.
The driverless Orion is dead; instead, Cruise will use next-generation Bolt EVs.
GM’s Cruise has appointed Marc Whitten — a video game veteran who was a founding engineer at Xbox and Xbox Live — as CEO. The Cruise CEO position has been vacant since December when co-founder Kyle Vogt resigned as part of a broader executive shakeup …
Cruise, the self-driving subsidiary of General Motors, has agreed to pay a $112,500 fine for failing to provide full information about an accident involving one of its robotaxis last year. The settlement with the California Public Utilities Commission …
Robocar specialist Cruise is restarting tests of its autonomous vehicles on the streets of Houston, Texas, following issues with its technology last year.
General Motors is investing $850 million into Cruise as the autonomous vehicle subsidiary slowly makes its way back to testing in Phoenix, Dallas and, as of Tuesday, Houston. GM’s CFO Paul Jacobson announced the capital infusion onstage at Deutsche Ban…
If there’s one thing Tom Cruise knows how to do, it’s be a movie star. Over the years, he’s achieved a mythic stature as the last of a dying breed, from a time when leading actors mattered more than the characters they’d inhabit or the costumes they’d …
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