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

  • July 20, 2018
    C/AV technology will be ‘life-altering revolution’
    Preparing for the challenges - and promises - of connected and automated vehicles and other emerging transportation technologies does not necessarily mean investing in actual hardware. Matthew Smith identifies eight key points that US transportation authorities need to look at. Transportation technology is moving rapidly. With the advent of connected and automated vehicle (C/AV) technology, the nation is on the verge of experiencing a major transportation revolution: a life-altering revolution akin to th
    Read More
  • June 22, 2012
    GM and LG to jointly develop EVs
    General Motors and LG Group will jointly design and engineer future Electric Vehicles (EVs), expanding a relationship built on LG’s work as the battery cell supplier for the Chevrolet Volt and Opel Ampera extended-range EVs. Teams of LG and GM engineers will work on key components, as well as vehicle structures and architectures. Vehicles resulting from the partnership will be sold in many countries. Timing of the launch of the first vehicles resulting from the partnership will be announced closer to market
    Read More
  • August 21, 2015
    Hyperloop Transportation Technologies adds key industry partners
    JumpStartFund's Hyperloop Transportation Technologies (HTT) has added key industry partners to the core team working on the full scale hyperloop. Oerlikon, AECOM, and Hodgetts & Fung are all providing key technological and infrastructure support to the HTT as they head towards a groundbreaking in 2016 in Quay Valley California. "Our team continues to grow and, along with these new alliances, is representative of the collaborative spirit of HTT and are key to our success in breaking ground in 2016," said
    Read More
  • August 21, 2018
    Big wheels keep on turnin’
    Many of the great and the good in the global mobility sector gathered at this year’s Movin’ On event in Montreal. Measured regulation of technologies and safety issues were major themes, reports David Arminas. *Bibendum is the original name for the Michelin Man, the symbol of the Michelin tyre company Autonomous vehicles, platooning, smart intersections and safety – these were the talking points over two-and-a-half days of the Movin’ On event in Montreal, Canada. Everyone in the mobility sector is at the
    Read More

Highlighted Content