GM to accelerate autonomous development with Cruise Automation acquisition

General Motors (GM) is to acquire Cruise Automation to add Cruise’s software expertise and rapid development capability to further accelerate GM’s development of autonomous vehicle technology. GM intends intend to invest significantly to further grow the talent base and capabilities already established by the Cruise team. The acquisition is GM’s latest step toward its goal of redefining the future of personal mobility. Since the beginning of the year, GM has entered into a strategic alliance with ride-sh
March 14, 2016 Read time: 2 mins
948 General Motors (GM) is to acquire Cruise Automation to add Cruise’s software expertise and rapid development capability to further accelerate GM’s development of autonomous vehicle technology. GM intends intend to invest significantly to further grow the talent base and capabilities already established by the Cruise team.

The acquisition is GM’s latest step toward its goal of redefining the future of personal mobility. Since the beginning of the year, GM has entered into a strategic alliance with ride-sharing company Lyft; formed Maven, its personal mobility brand for car-sharing fleets in many US cities and established a separate unit for autonomous vehicle development.

Cruise will operate as an independent unit within GM’s recently formed Autonomous Vehicle Development Team led by Doug Parks, GM vice president of autonomous technology and vehicle execution, and will continue to be based in San Francisco.  Founded in 2013, Cruise has moved quickly to develop and test autonomous vehicle technology in San Francisco’s challenging city environment.
Location Based Systems

Related Content

  • September 23, 2014
    Q-Free acquisition expands ATMS business
    Q-Free has further expanded its advanced traffic management systems and road user charging business, with the acquisition of US company Open Roads Consulting. Q-Free says Open Roads Consulting's software solutions will be a valuable addition to its own ATMS solutions in the US and internationally. Established in 2000, Open Roads Consulting has 74 employees and operates mission critical traffic deployments and video based surveillance of critical assets in 30 states in the US. “We are happy to close t
    Read More
  • November 23, 2016
    Car OEMs target 2021 for rollout of SAE Levels 4 and 5 of autonomous driving
    New OEM smart mobility divisions, growing safety concerns relating to semi-autonomous driving, and recognition by national governments of the environmental and societal advantages of driverless vehicles will accelerate the deployment of more autonomous forms of driving, according to ABI Research. Its report, The Market Potential for Semi-Autonomous Driving, expects that semi-autonomous systems will continue to dominate the market over the next decade, with SAE level 2 and 3 systems accounting for 86 per
    Read More
  • January 2, 2013
    Q-Free expands technology offering with acquisition of TCS
    Norwegian-headquartered tolling specialist Q-Free is to acquire 100 per cent of the shares of TCS International (TCS). Established more than ten years ago, TCS has fifteen employees, with offices in Boston, US, and a subsidiary in Toronto, Canada. The company provides advanced transportation management systems (ATMS), specialising in intelligent parking guidance and management systems. TCS offers consulting solutions and systems design for a wide range of clients including cities, transportation organisati
    Read More
  • August 1, 2012
    Developments in travel information display systems
    David Crawford looks at recent developments in travel information display systems. It is important to remember that we are investing in Real-Time Passenger Information [RTPI] to increase ridership," says Robert Burke, Managing Director of New Zealand transit tracking technology specialist Connexionz, which has been involved in at-stop and remote passenger information since 1995. "Superior information improves the perception of public transport reliability and gives the passenger more choices and greater con
    Read More

Highlighted Content