Self-driving
GM bought most of Cruise's shares in 2016. By early 2025 it had spent close to $10 billion on the company.
A dated step forward on the record
What the source says
“bringing its total spend on the company since acquiring most of Cruise’s shares in 2016 close to $10 billion”
What it means
Cruise, from General Motors (Cruise), is at stage 5 of 5 on our ladder: regulator-cleared or mass market. Its stage is set by other milestones on its record; this one adds to the history.
Human help: The maker hasn't said whether people help it remotely.
More on Cruise
- Cruise cut nearly half of its staff. GM took full ownership and moved the work toward self-driving tech for personal cars.
- GM said it would stop funding the Cruise robotaxi business, citing competition and high costs.
- Cruise admitted to filing a false report to influence a federal investigation, and agreed to pay a $500,000 criminal fine.
- NHTSA fined Cruise $1.5 million.
- California's DMV suspended Cruise's permits to run driverless cars, after a crash in which a Cruise car trapped a pedestrian.
- A Cruise robotaxi ended up on top of a woman who had first been hit by another car. She was trapped underneath it.