Current:Home > InvestGM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit -InvestTomorrow
GM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit
View
Date:2025-04-14 23:36:14
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! (1)
Related
- Oklahoma parole board recommends governor spare the life of man on death row
- California sues LA suburb for temporary ban of homeless shelters
- Ben Affleck Shares Surprising Compliment About Ex Jennifer Lopez Amid Divorce
- Jury sees video of subway chokehold that led to veteran Daniel Penny’s manslaughter trial
- What were Tom Selleck's juicy final 'Blue Bloods' words in Reagan family
- Penn State's James Franklin shows us who he is vs. Ohio State, and it's the same sad story
- You may have blocked someone on X but now they can see your public posts anyway
- Ice-T, Michael Caine pay tribute to Quincy Jones
- Tropical rains flood homes in an inland Georgia neighborhood for the second time since 2016
- Surfer bit by shark off Hawaii coast, part of leg severed in attack
Ranking
- Family of explorer who died in the Titan sub implosion seeks $50M-plus in wrongful death lawsuit
- A Tribute to Chartthrob Steve Kornacki and His Beloved Khakis
- Manslaughter charges dropped in a man’s death at a psychiatric hospital
- Fantasy football Week 9 drops: 5 players you need to consider cutting
- Skins Game to make return to Thanksgiving week with a modern look
- Freddie Prinze Jr. Reveals How He and Sarah Michelle Gellar Avoid BS Hollywood Life
- Psychotropic Medications and High Heat Don’t Mix
- Federal agencies say Russia and Iran are ramping up influence campaigns targeting US voters
Recommendation
A Georgia governor’s latest work after politics: a children’s book on his cats ‘Veto’ and ‘Bill’
The winner of a North Carolina toss-up race could help decide who controls the US House
DWTS' Gleb Savchenko Admits to Ending Brooks Nader Romance Over Text
Are banks, post offices, UPS and FedEx open on Election Day? Here's what we know
Tom Holland's New Venture Revealed
Family pleaded to have assault rifle seized before deadly school shooting. Officers had few options
Surfer bit by shark off Hawaii coast, part of leg severed in attack
Manslaughter charges dropped in a man’s death at a psychiatric hospital