General Motors on Tuesday completed its acquistion of the Cruise autonomous vehicle unit, laying off half the workforce. The ...
Dave Craig, chief of maps for General Motors, is instrumental to creating a digital road map for its driver-assist technology ...
GM just over a year ago said Cruise would be a $50 billion per-year business. The company never made money and its parent ...
GM said on Tuesday it had completed the full acquisition of its Cruise business to focus on developing autonomous technology for personal vehicles.
GM is expanding Super Cruise across its brands, aiming for $2 billion in annual revenue through subscriptions. The technology is evolving to become a key source of recurring income.
The paid subscription for the Super Cruise hands-free driving system could be a considerable revenue stream for GM over the next five years.
GM's Super Cruise hands-free driving system is the winner of MotorTrend's inaugural Best Tech Award in the Driver Assistance ...
Industry analysts cite various factors for Cruise's failure, including a pedestrian accident, executive departures and regulatory scrutiny. GM's decision reflects a broader trend in the automotive ...