General Motors Acquires Full Ownership of Cruise
February 4, 2025
General Motors has completed its previously announced acquisition of GM Cruise Holdings LLC, making Cruise a wholly owned GM subsidiary after approval of GM's merger offer by the Cruise board. GM will integrate Cruise's autonomous-vehicle and ADAS technology into its Super Cruise platform and focus on accelerating development of driving assistance and personal autonomous vehicle capabilities.
- Buyers
- General Motors
- Targets
- GM Cruise Holdings LLC, Cruise
- Industry
- Automotive
- Location
- California, United States
- Transaction Type
- Buyout
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