Cruise is laying off 50% of its workforce as the robotaxi program ends. © 2024 TechCrunch. All rights reserved. For personal use only.
Category: General Motors
autonomous vehicles, Cruise, General Motors, Global IT News, Global Security News, GM, robotaxi, Transportation
GM expects to save up to $1 billion on Cruise costs
General Motors expects to save up to $1 billion annually by ending its Cruise robotaxi development program, CEO and Chair Mary Barra said Tuesday during the company’s earnings call. The estimate comes nearly two months after the automaker said it would no longer fund Cruise, its self-driving subsidiary that aimed to commercialize robotaxis. “GM has…
automakers, CES, Ford, General Motors, Global IT News, Global Security News, Scout Motors, Transportation, Volkswagen, Waymo, zoox
CES 2025: Where have all the US automakers gone?
The old chestnut passed around by industry watchers for the past decade was that CES — one of the world’s largest consumer tech trade events — had turned into an auto show. Maybe even the most important auto show of the year. And there was ample evidence of that. GM Chairman and CEO Mary Barra…