GM takes full control of Cruise in autonomous personal vehicle shift
1 month, 3 weeks ago

GM takes full control of Cruise in autonomous personal vehicle shift

The Hindu  

General Motors said on Tuesday it had completed the full acquisition of its Cruise business to focus on developing the autonomous technology for personal vehicles not robotaxis. The Detroit automaker said it plans to integrate the Cruise technology into its Super Cruise system, which allows drivers to operate the vehicle hands-off on 750,000 miles of roads in North America and is available on more than 20 GM vehicle models. During its fourth-quarter earnings call last month, GM executives pitched Super Cruise as one of its growth areas this year. CEO Mary Barra told investors the automaker is forecasting Super Cruise will bring in about $2 billion in total annual revenue within five years.

History of this topic

GM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit
3 months, 3 weeks ago
General Motors says it will halt production of Cruise driverless van
1 year, 4 months ago
Many U.S. drivers treat partially automated cars as self-driving, says study
2 years, 5 months ago
Cruise, GM partner with Microsoft to ramp up self-driving vehicles
4 years, 2 months ago
GM's President Is Leaving Detroit to Run Its Robo-Car Biz
55 years, 3 months ago
Cadillac's Super Cruise Lets the CT6 Sedan Drive Itself
7 years, 11 months ago
GM buys software company to speed autonomous car development
9 years ago

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