Current:Home > reviewsGM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit -WealthTrail Solutions
GM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit
View
Date:2025-04-11 22:33:45
DETROIT — General Motors said Tuesday it will retreat from the robotaxi business and stop funding its money-losing Cruise autonomous vehicle unit.
Instead, the Detroit automaker will focus on development of partially automated driver-assist systems for personal vehicles like its Super Cruise, which allows drivers to take their hands off the steering wheel.
GM said it would get out of robotaxis "given the considerable time and resources that would be needed to scale the business, along with an increasingly competitive robotaxi market."
The company said it will combine Cruise's technical team with its own to work on advanced systems to assist drivers.
veryGood! (291)
Related
- 2024 Olympics: Gymnast Ana Barbosu Taking Social Media Break After Scoring Controversy
- Bankman-Fried’s trial exposed crypto fraud but Congress has not been eager to regulate the industry
- Jury to decide fate of FTX founder Sam Bankman-Fried as deliberations begin
- A generational commitment is needed to solve New Mexico’s safety issues, attorney general says
- The Daily Money: Spending more on holiday travel?
- Illinois city tickets reporter for asking too many questions, in latest First Amendment dustup
- Jury to decide fate of FTX founder Sam Bankman-Fried as deliberations begin
- Partner in proposed casino apologizes for antisemitic slurs by radio host against project opponent
- 'Most Whopper
- Deep Rifts at UN Loss and Damage Talks Cast a Shadow on Upcoming Climate Conference
Ranking
- How breaking emerged from battles in the burning Bronx to the Paris Olympics stage
- A Pennsylvania nurse is now linked to 17 patient overdose deaths, prosecutors say
- Ben Simmons - yes, that Ben Simmons - is back. What that means for Nets
- Indiana AG Rokita reprimanded for comments on doctor who provided 10-year-old rape victim's abortion
- How effective is the Hyundai, Kia anti-theft software? New study offers insights.
- Slight change to Dakota Access pipeline comment meeting format, Army Corps says after complaints
- Will Taylor Swift be at the Chiefs’ game in Germany? Travis Kelce wouldn’t say
- In lieu of flowers, Iowa football fan's obit asks for prayers for putrid offense
Recommendation
Your Wedding Guests Will Thank You if You Get Married at These All-Inclusive Resorts
Businessman sentenced in $180 million bank fraud that paid for lavish lifestyle, classic cars
Live updates | Israeli troops tighten encirclement of Gaza City as top US diplomat arrives in Israel
Comfy Shoes for Walking All Day or Dancing All Night
The 401(k) millionaires club keeps growing. We'll tell you how to join.
A fire at a drug rehabilitation center in Iran kills 27 people, injures 17 others, state media say
Eric Trump returns to the witness stand in the family business’ civil fraud trial
Kate Spade Flash Deal: Get This $459 Shearling Tote for Just $137