General Motors keeps self-driving unit Cruise afloat, invests $850 million
Baua Electric
JUNE 12, 2024
” Also Read : Honda, along with GM and Cruise, to launch driverless ride hailing service in Japan from 2026 GM slashed USD one billion from Cruise’s costs by cutting 25 per cent of the workforce and halting its expansion into new markets. It’s kind of a pay as you go, but this buys us time to continue to pursue our strategic review.”
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