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

Dec 4 (Reuters) - General Motors' (GM.N), opens new tab Cruise robotaxi unit could face $1.5 million in fines and additional sanctions over its failure to disclose details of an Oct. 2 accident in ...

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.

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.

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.

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%.

More: GM's Cruise recalls nearly 1,200 robotaxis to close US investigation. Cruise stopped all operations last fall after an incident in October in San Francisco, where the company is headquartered.

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 ...

The Super Cruise "hands-off, eyes-on driving feature" is offered on more than 20 GM models currently. Super Cruise is free for the first three years and then customers can sign up for a plan at ...

GM’s robot car unit Cruise will pay $500,000 over falsified crash report. The company will pay to resolve criminal charges after admitting it withheld key details from federal investigators ...

General Motors scraps robotaxi development in new fallout from 2023 crash. The decision to shut down GM subsidiary Cruise is a major blow to an automaker once seen as a leader in the autonomous ...