GM just over a year ago said Cruise would be a $50 billion per-year business. The company never made money and its parent ...

Chinese and US companies are racing to be the first to make the robotaxi dream a reality.Chinese firms have a crucial advantage, Jennifer Li, the CFO of China-based robotaxi frim WeRide, told BI.She ...

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Cruise, the autonomous vehicle company, says it is not relaunching its robotaxi service. This news comes after GM announced ...

Cruise is laying off about 50% of its workforce, affecting nearly 1,000 employees, as GM shifts focus to other automotive ...

General Motors (GM) is laying off around half of the workforce from its discontinued Cruise robotaxi business, following its decision to shut ...

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

The robotaxi business is largely being abandoned in favor of autonomous technology for personal vehicles—specifically, GM’s ...

GM said on Tuesday it had completed the full acquisition of its Cruise business to focus on developing autonomous technology ...

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

General Motors Co. is cutting almost half of the workforce in the Cruise driverless car unit, according to an internal memo and people familiar with the matter, part of a previously announced plan to ...

European stocks are heading for a higher open Tuesday as global markets breathe a sigh of relief after U.S. President Donald ...