GM gives Cruise $850M lifeline as it relaunches robotaxis ...
Jun 11, 2024 · 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 pumps $850 million in Cruise to keep struggling ...
Jun 11, 2024 · General Motors is investing $850 million into Cruise to help cover the company’s operational costs after it was forced to shut down its robotaxi service when one of its driverless cars struck a...
GM Cruise Rival Waymo Gets $5.6B Robotaxi Operations Funding
October 28, 2024 4:05 am. 2. Sponsored. Waymo, the self-driving car and robotaxi subsidiary of Alphabet, Inc. and competitor to GM Cruise, just closed an additional $5.6 billion in investment for ...
G.M. Will Restart Cruise Taxi Operations - The New York Times
Jul 23, 2024 · General Motors said on Tuesday that its Cruise driverless-taxi division has restarted test operations in three Sun Belt cities, using self-driving cars with human safety drivers who will...
GM’s Cruise abandons Origin robotaxi, takes $583 million charge
Jul 23, 2024 · GM’s self-driving car subsidiary Cruise is scrapping plans to build the Origin — a purpose-built robotaxi with no steering wheel or pedals — and will.
GM's Cruise names former Amazon, Microsoft Xbox ... - CNBC
Jun 25, 2024 · General Motors’ Cruise autonomous vehicle unit on Tuesday announced Marc Whitten, a former Amazon and Microsoft executive, as its new CEO. His appointment comes at a crucial time for Cruise,...
GM is preparing for another major expansion of its hands-
Feb 15, 2024 · GM is expanding the map for its hands-free Super Cruise, announcing that by the end of 2025, it will be available on 750,000 miles of road in the US and Canada.
The Very Slow Restart of G.M.’s Cruise Driverless Car Business
May 30, 2024 · An incident that seriously injured a pedestrian in San Francisco led Cruise to take all of its cars off the road. The question now is when they will return.
GM, Cruise, Honda bring autonomous vehicle ridehail service ... - GM News
Oct 18, 2023 · Alongside Cruise and Honda we have announced a memorandum of understanding to establish a new joint venture (JV) company to launch a driverless ridehail service in Japan starting in early 2026. “GM has always been invested in defining the future of transportation and that’s more true today than ever,” said GM Chair and CEO Mary Barra.
GM to Acquire Cruise Automation to Accelerate Autonomous …
Mar 11, 2016 · SAN FRANCISCO – General Motors Co. (NYSE:GM) announced today it is acquiring Cruise Automation to add Cruise’s deep software talent and rapid development capability to further accelerate GM’s development of autonomous vehicle technology. “Fully autonomous vehicles can bring our customers enormous benefits in terms of greater convenience, lower cost and improved safety for their daily ...