GM Financial withdrew its application in June after a 3½-year wait – perhaps in anticipation of eased regulation under a ...

GM completes its acquisition of Cruise, which means a brutal 50% reduction in workforce. Those remaining will work on ...

The layoffs come two months after GM announced it will focus on developing Cruise's autonomous tech for personal cars, rather ...

In June 2024, GM injected another $850 million into Cruise, bringing its total spend on the company since acquiring most of ...

If the Trump administration materializes its plan to impose import tariffs on Canada and Mexico, GM may move some of its ...

About 88% of remaining employees are in engineering or related roles, and impacted employees were given 60 days’ notice.

GM is closing its subsidiary Cruise, which has been developing self-driving cars. GM is only taking on around half of the ...

General Motors (GM) announced that it has completed its previously announced acquisition of GM Cruise Holdingsfollowing the approval of GM’s ...

General Motors has completed its previously announced acquisition of GM Cruise Holdings LLC, the automaker announced Tuesday.

General Motors is taking full ownership of GM Cruise Holdings LLC, which will be absorbed into the development team working on the Super Cruise driving system.

The automaker consolidated its holding in the autonomous vehicle ride-service developer and will merge the business with its ...