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

For more information on companies in this article

Related Content

  • Delphi reaches agreement on nuTonomy acquisition
    October 30, 2017
    Delphi has signed an agreement to acquire nuTonomy (NT) for an upfront purchase valued $400 million (£303 million) and earn-outs totalling approximately $50 million (£37 million). It will accelerate Delphi's commercialization of autonomous driving (AD) and Automated Mobility on-Demand (AMoD) solutions for automakers and new mobility customers worldwide. The transaction is subject to customary closing conditions and is expected to close before the end of the year.
    Read More
  • Ford AVs on streets of Washington, DC
    October 24, 2018
    Ford is to be the first company to test autonomous vehicles (AVs) in Washington, DC – with a view to starting a commercial service there in 2021. The car company – which already has AV trials in Detroit, Pittsburgh and Miami - will begin testing in the US capital early next year. An operations centre will be set up in the city and Sherif Marakby, CEO of Ford Autonomous Vehicles, says fleet deployment will be done in a way that aids job creation. The company plans to work with local officials to tes
    Read More
  • Delphi to partner Singapore LTA on autonomous vehicle technology
    August 2, 2016
    UK company Delphi Automotive has been selected by the Singapore Land Transport Authority (LTA) as a strategic partner to implement autonomous mobility concepts. The company will provide a fleet of fully autonomous vehicles and will develop a cloud-based mobility-on-demand software (AMoD) suite and will conduct a trial of an urban, point-to-point, low-speed, autonomous, mobility-on-demand service in Singapore's Autonomous Vehicles Test Bed located at a business park in the western area of the city. D
    Read More
  • Huawei addresses congested, separated rail networks with cloud solution
    December 20, 2024
    A shift to a cloud-based operating regime solves the problems of trying to make cluttered, geographically-discrete terrestrial systems work together
    Read More

Highlighted Content