GM said on Tuesday it had completed the full acquisition of its Cruise business to focus on developing autonomous technology ...
General Motors has finalized the complete acquisition of its Cruise autonomous vehicle unit to focus on developing the ...
GM is aiming to restore its profitability in the Chinese market in 2025 after facing three consecutive quarters of losses and ...
A quick glance at the headlines doesn’t seem to offer much solace for investors of automotive giant General Motors (GM). The ...
In June 2024, GM injected another $850 million into Cruise, bringing its total spend on the company since acquiring most of ...
About 88% of remaining employees are in engineering or related roles, and impacted employees were given 60 days’ notice.
GM completes its acquisition of Cruise, which means a brutal 50% reduction in workforce. Those remaining will work on ...
General Motors’ Cruise will lay off about 1,000 employees, including CEO Marc Whitten, as it shifts focus from robotaxi to ...
General Motors’ lack of preparedness for tariffs raises concerns. Read why GM stock could face cost pressures that ...
The General Motors Company ( NYSE:GM ) share price has had a bad week, falling 13%. But the silver lining is the ...
General Motors is cutting almost half of the workforce in its Cruise driverless car unit, according to an internal memo and ...
GM is redefining the role of EVs, turning them into more than just a mode of transportation through its GM Energy initiative.