GM completes its acquisition of Cruise, which means a brutal 50% reduction in workforce. Those remaining will work on ...
GM said on Tuesday it had completed the full acquisition of its Cruise business to focus on developing autonomous technology ...
The move to put 10% additional tariffs on imports from China will impact a small number of U.S. vehicles, but increased costs ...
NASCAR legend and GM dealer Rick Hendrick bought the first ZR1. While it rounds out his massive Corvette collection, that's ...
General Motors is still very much a company that runs on gasoline, but electric vehicles are increasingly becoming an ...
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 ...
The layoffs come two months after GM announced it will focus on developing Cruise's autonomous tech for personal cars, rather ...
About 88% of remaining employees are in engineering or related roles, and impacted employees were given 60 days’ notice.
GM is aiming to restore its profitability in the Chinese market in 2025 after facing three consecutive quarters of losses and ...
This metric, as reported by Reuters, means that revenue for GM's EVs was higher than the fixed costs, which includes money spent on labor for building the vehicles and the material required to ...
General Motors is cutting almost half of the workforce in its Cruise driverless car unit, according to an internal memo and ...