General Motors (NYSE: GM) yesterday announced plans to realign its autonomous driving strategy and prioritize development of advanced driver assistance systems on a path to fully autonomous personal vehicles. GM intends to combine the majority-owned Cruise LLC and GM technical teams into a single effort to advance autonomous and assisted driving. Consistent with GM’s capital […]
Cruise, GM and Honda to Bring Driverless Ridehail Service to Japan
Cruise, alongside GM and Honda, has entered into a memorandum of understanding to establish a new joint venture (JV) to provide driverless ridehail service in Japan starting in early 2026. “There is an important and growing societal need for safe and accessible transportation in Japan that autonomous vehicles can provide a solution for,” said Cruise […]
Microsoft Invests $2 Billion in Cruise to Commercialize Self-Driving Vehicles
Cruise and General Motors today announced they have entered a long-term strategic relationship with Microsoft to accelerate the commercialization of self-driving vehicles. The companies will bring together their software and hardware engineering excellence, cloud computing capabilities, manufacturing know-how and partner ecosystem to transform transportation to create a safer, cleaner, and more accessible world for everyone. […]
Cruise to Delay Deployment of Commercial Self-Driving Cars Beyond 2019
In 2017, Cruise projected it would offer a self-driving taxi service during 2019. In a blog post, Dan Ammann, CEO of Cruise, detailed the steps the company will take to scale its self-driving vehicle program in San Francisco, Calif. In 2017, General Motors’ Cruise subsidiary announced it planned to offer a self-driving taxi service during […]
Honda Joins with Cruise and General Motors to Build Autonomous Vehicle
Cruise and General Motors Co. (NYSE: GM) announced today that they have joined forces with Honda to pursue the shared goal of transforming mobility through the large-scale deployment of autonomous vehicle technology. Honda will contribute approximately $2 billion over 12 years to these initiatives, which, together with a $750 million equity investment in Cruise, brings […]