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by pvsnp 1593 days ago
Parent organization is still General Motors, they just operate independently
1 comments

There must be a little more to this, since clearly they are not a wholly owned subsidiary.
According to the most recent SEC filing I can find with an explicit ownership percentage, "As of June 30, 2019, external investors held 17.1% of the fully diluted equity in GM Cruise Holdings." [1] Presumably that means GM as the parent company owned 82.9%.

[1] https://investor.gm.com/node/19751/html