"I think we’ll do it February 1st." On the morning of January 28, Detroit Big Three automaker General Motors (GM) reported Q4 ...
In June 2024, GM injected another $850 million into Cruise, bringing its total spend on the company since acquiring most of ...
Shares of GM are down 8% since Nov. 25 as Trump ratcheted up his views on tariffs. Ford's stock is off by 8.7%. Tesla's ( ...
The latest layoffs at Cruise extended all the way to top leadership, as GM prioritizes engineering talent moving forward.
General Motors’ Cruise will lay off about 1,000 employees, including CEO Marc Whitten, as it shifts focus from robotaxi to ...
General Motors is slashing Cruise's workforce by half after buying out all other remaining shareholders of the autonomous ...
General Motors said on Tuesday it had completed the full acquisition of its Cruise business to focus on developing the ...
Despite surpassing Wall Street expectations in its most recent earnings report, GM’s stock tumbled amid investor concerns ...
General Motors’ lack of preparedness for tariffs raises concerns. Read why GM stock could face cost pressures that ...
General Motors expects to save up to $1 billion annually by ending its Cruise robotaxi development program, CEO and Chair ...