GM's boss promises company will make money from driverless division
Cruise jettisons 9 more executives as the fallout widens from a robotaxi scandal that already claimed the company's CEO BY David Lynch and Bloomberg A General Motors Cruise self driving car.
GM Announces More Than 1,100 Jobs to Expand Cruise...
GM plans a slowdown in spending at Cruise, which it bought eight years ago. During the first nine months of this year Cruise posted pretax losses of $1.9 billion. Top Stories
GM Cruise autonomous vehicle unit gets 1.15B investment
Several key leaders are no longer with General Motors' Cruise amid an ongoing investigation into an October accident involving one of its driverless cars, the robotaxi service confirmed late Wednesday, Dec. 13, 2023. Cruise said that nine individuals departed following an initial analysis of the October 2 incident — when a Cruise robotaxi.
GM Cruise First To Get California PUC Permit For Driverless Cars
A Cruise robotaxi ran over a pedestrian who had been previously struck by a human-driven vehicle in San Francisco on the night of Oct. 2. General Motors subsidiary Cruise fired nine employees.
GM Cruise Prepping Launch Of Driverless Car Pilot In San Francisco Emails
SAN FRANCISCO — General Motors' troubled autonomous vehicle unit announced several key leaders are no longer with the company and that several hundred workers have been laid off, amid an ongoing.
GM's Cruise delays driverless taxi service, plans to build country's
The carmaker has spent an average of $588 million a quarter on Cruise over the past year, a 42 percent increase from a year ago. Each Chevrolet Bolt that Cruise operated cost $150,000 to $200,000.
GM's selfdriving division 'Cruise' set to double its workforce by 2020
View Comments. Cruise LLC, the General Motors Co. autonomous vehicle unit, said Thursday it's laying off 24% of its workforce amid a series of company changes it's undertaking while under scrutiny.
Investment firm to pour 2.25B into GM Cruise Car News Auto123
Robotaxi operator Cruise has fired nine key leaders following an initial review into the company's handling of an October 2 accident that left a pedestrian badly injured in San Francisco. Why it matters: The General Motors-owned startup is trying to restore public trust in the wake of the incident, which led it to suspend operations and launch.
The Cruise Origin Is GM's Driverless Shared Shuttle Pod—and it's Headed
Cruise is in danger of becoming GM's latest trendy venture that doesn't pay off Story by Michael Wayland • 21m Cruise, which is laying off 24% of its workforce, has quickly gone from one of.
GM moves to deploy its first driverless car fleet in 2019
GM shares rose 4.8% to $35.64 following the news. Cruise is targeting non-engineering jobs in the layoffs, particularly those people who worked in the field, commercial operations and corporate.
Meet the Cruise AV, GM’s First ProductionReady Driverless Car
GM's Cruise Ordered by California Regulator to Testify About October Incident. December 4, 2023. The California Public Utilities Commission said the self-driving car company omitted critical.
Cruise's CTO, a former Uber manager, is out TechCrunch
SAN FRANCISCO, Sept 13 (Reuters) - General Motors' (GM.N) autonomous driving unit Cruise has developed its own chips for self-driving cars to be deployed by 2025, as they aim to bring down costs.
REPORT How Safe Is General Motors’ Self Driving Car ‘Cruise AV’
Marketplace Morning Report GM's bet on Cruise autonomous vehicles sees major roadblocks David Brancaccio, Lily Jamali, and Meredith Garretson Dec 4, 2023 Heard on: A Cruise vehicle drives.
GM's Cruise unveils its first driverless vehicle BBC News
Dec 4 (Reuters) - General Motors' (GM.N) Cruise robotaxi unit could face $1.5 million in fines and additional sanctions over its failure to disclose details of an Oct. 2 accident in which a.
GM's Cruise now has 1,800 employees working on selfdriving cars, up
General Motors' Cruise autonomous vehicle unit has hit an "all time low," said its new leader, while promising to restore trust with regulators and the public after the company pulled all of.
GM's Cruise begins testing autonomous vehicles in San Francisco
A Cruise vehicle in San Francisco. Cruise LLC, the autonomous vehicle unit majority owned by General Motors Co., is cutting 24% of its workforce, extending a sweeping overhaul of the business.