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

December 16, 2016

GM to start autonomous vehicle manufacturing and testing in Michigan

Following the signing of the SAVE Act legislation to support autonomous vehicle testing and deployment in Michigan, General Motors is to begin testing autonomous vehicles on public roads. GM also announced it will produce the next generation of its autonomous test vehicles at its Orion Township assembly plant beginning in early 2017. Testing is already underway on GM’s Technical Center campus in Warren, Michigan and will now expand to public roads on the facility’s outskirts. Within the next few months,
March 7, 2014

GM offers fleets insights on the road

General Motors (GM) has partnered with Telogis to provide fleet customers a one-of-a-kind telematics solution that provides actionable data to help control costs, increase safety and enhance fleet operations. Telogis is integrating its location intelligence platform with GM’s OnStar’s proprietary application program interfaces, or APIs, to provide information about vehicles to fleet customers. Through the new offering, commercial fleets can receive actionable intelligence relating to vehicle location, o
May 17, 2016

Apple invests in Chinese ride-sharing company

Apple has invested US$1 billion in Chinese ride-hailing service DiDi Chuxing, a move that Apple chief executive Tim Cook said would help the company better understand the critical Chinese market. According to Reuters, the move aligns Apple with Uber Technologies’ chief rival in China, as automakers and technology companies forge new alliances and make cross investments. General Motors, for example, recently bought autonomous driving technology company Cruise Automation and has also taken a stake in US ri
boombox1

Highlighted Content

boombox2