Search Results for ‘cruise’

 A new report from Bloomberg suggests that GM has been considering spinning off its electric ambitions for a while after seeing startups attract billions of dollars of investment without offering more than a sales pitch. Selling a bunch of real cars to customers is fine, but GM really wants to...

Speaking on Leadership Live with David Rubenstein, Mary Barra argued that the transition from gas-powered cars to electric ones would happen over the course of many years. Moreover, she predicted that not every car would be electric by 2040. "I think it'll happen over a period of years and...

With just days left before the last Cadillac CT6 and Chevrolet Impala sedans roll off the assembly line at General Motors' Detroit-Hamtramck plant, the automaker has put up funding for the facility's future. For the once-endangered plant, it will be a future free of gas-powered cars and trucks...

Did General Motors' self-driving arm reveal the future on Tuesday night? The automaker and its Cruise LLC subsidiary sure hope so, as both see big, big dollars coming from future autonomous ridesharing fleets. The Cruise Origin unveiled in San Francisco last night is supposedly the vehicle...

General Motors' self-driving vehicle unit, Cruise, has attracted new investors and an equity infusion of $1.15 billion as it continues work on its commercial fleet of autonomous taxis. The new investment, which effectively brings the operation's valuation to $19 billion, is primarily fronted...

General Motors' sole electric vehicle, the cheerful Chevrolet Bolt, will see its MSRP stand firm in the face of an EV tax credit that drops by half come April 1st, the automaker claims. In the fourth quarter of last year, GM sailed past the volume barrier that triggers a wind-down of the...

Autonomous cars are great and all, but they're so limited. What if you want an autonomous Malibu? Or an autonomous Traverse? Or, better yet, an autonomous Silverado? Well, GM may soon be able to do that. GM has patented a "system for retrofitting vehicle automation." The patent outlines how...

The changes keep happening at the top of the hierarchy, as Mark Reuss takes the presidency of General Motors, the company announced today. Reuss takes over from Dan Ammann, whom it had been previously announced would step down to take over Cruise, GM's autonomous vehicle unit. At the time...

Despite large cash injections and the hopes of GM's stock price being pinned on it, Cruise Automation is still suffering numerous setbacks, threatening GM's chances as a big player in the automation game. "Nothing is on schedule," a source told Reuters in a recent report. The same report claims...

With Honda and General Motors teaming up on a self-driving car and GM's Super Cruise getting the green light from Consumer Reports, it's already been a busy week for automotive autonomy - and it's only getting bigger. The U.S. Transportation Department plans to repudiate 10 locations previously...

GM's plan to test autonomous cars in New York City doesn't appear to be going to plan, as no evidence can be found of progress between the company and the State's DMV. Jalopnik reports that a Freedom of Information Law request for any communications between GM (and Cruise Automation) and the...

Automakers are fighting to make autonomous cars a reality as soon as possible. But driverless cars, like most modern cars, have to confront the possibility of being hacked. How, then, shall we prevent driverless cars from being taken over from outside agents? Cruise Automation's in-house...

LiDAR. Automakers are buying into it with huge sums of cash, Telsa is shunning it, GM just bought LiDAR specialists Strobe, and it's generally considered to be one of the more important parts of the self-driving car picture. But what the h*ck is it? And how does it work? If you've ever been on...

Heidi King, deputy administrator of the National Highway Traffic Safety Administration, claims it's too soon to begin imposing rules on self-driving vehicles. Thus far, the NHTSA as taken a supremely lax posture on handling autonomous vehicles in the hopes that a softer touch will assist in...

GM Inside News has uncovered a trademark application from GM for the name "AV1." Though the application is still under review, the name would apply to motor vehicles and may hint at a future Cruise Automation product. Known informally as the Cruise AV (short for autonomous vehicle), GM is...

Responsibilities are shifting slightly at GM's highest levels, as Dan Ammann and Mark Reuss trade tasks to better focus their efforts.   Ammann will remain president, but will narrow his focus to the development of autonomous vehicles, while Reuss will pick up the responsibility of Cadillac...

The small San Francisco startup bought by General Motors in 2016 could generate a lot of money for the automaker in the near future. According to sources who spoke to Bloomberg, GM wants to unlock the value of its self-driving Cruise Automation division (officially GM Cruise LLC) - a 50-person...

GM spelled out its plan for the rollout of self-driving cars yesterday. On an investor conference call, the automaker said that it planned a launch of self-driving taxis in 2019. The not-too-distant launch date for the fleet of autonomous Chevrolet Bolt EVs is a direct challenge to other...