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.

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%.

GM only owns around 90% of Cruise, but the company has agreements with other shareholders that will raise its stake to more than 97%. They’re aiming to acquire the remaining shares, ...

GM said that it is pulling its funding for Cruise’s robotaxi service and folding its employees into the company’s driver assist and autonomous vehicle development teams.

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.

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

Many companies offer Level 2 self driving, GM's system is called Super Cruise. The post We tried GM’s Super Cruise handsfree ...

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

Deploying Cruise Bolts rather than the tall Origin box-like minibus helps the automaker scale development of Ultium EVs, said GM’s CFO. The Cruise subsidiary lost $900 million in the first half ...

GM's self-driving subsidiary Cruise is partnering with Uber, but Cruise still intends to launch its own ride hailing app and service too. News Sports Autos Entertainment Advertise Obituaries ...