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GM is taking full ownership of GM Cruise Holdings LLC now that the Cruise Board of Directors has approved GM’s merger offer. Previously, General Motors owned about 90 percent of Cruise ...

Those laid off were based in California, Arizona and other locations. A GM spokesman said fewer than 20 Michigan workers were laid off in the move. Laid-off Cruise employees were informed Tuesday as ...

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 ...

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 closing its subsidiary Cruise, which has been developing self-driving cars. GM is only taking on around half of the ...

General Motors is laying off roughly half of the employees who remain at its discontinued Cruise robotaxi business. The plans come two months after GM said it would no longer fund Cruise after ...

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 proposed a restructuring ...

The remaining Arizona workers employed by Cruise, the troubled autonomous vehicle unit operated by General Motors, have been told they will soon be out of a job.