After sightings by WIRED, GM confirms that a limited number of sensor-laden Bolt EVs have been given a second life.

GM, which owns about 90% of Cruise, has agreements with other shareholders that will raise its ownership to more than 97% and will pursue the acquisition of the remaining shares. 3.

Instead, after spending more than $10 billion on Cruise since acquiring it in 2016, GM is ending the robotaxi business and folding Cruise’s operations and an undetermined number of its nearly ...

During an investor call Tuesday, CFO Paul Jacobson said GM, which owns about 90% of Cruise, has agreements with other minor stakeholders to sell their shares and raise GM's ownership to more than 97%.

During an investor call Tuesday, CFO Paul Jacobson said GM, which owns about 90% of Cruise, has agreements with other minor stakeholders to sell their shares and raise GM's ownership to more than 97%.

Tesla has hired Henry Kuang, the former ‘Head of Autonomy’ at GM’s failed self-driving startup, Cruise. Update: Tesla denied ...

After setbacks at Cruise, GM’s self-driving vehicle arm, the automaker has decided to wait for the new Chevrolet Bolt to launch in 2025 and use the small electric crossover as its robotaxi instead.

GM CFO Paul Jacobson added that launching and operating a robotaxi service would take a significant amount of capital, beyond the $10 billion or so GM already spent on Cruise.

A new automatic lane change ability brings this hands-free driver assistance technology closer to parity with our favorite ...

According to Wall Street analysts, the median one-year price target for GM is $50.84, which represents 3.24% potential upside ...