Current:Home > FinanceGM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit -Financium
GM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit
View
Date:2025-04-24 12:56:40
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! (78)
Related
- Military service academies see drop in reported sexual assaults after alarming surge
- Investigators found fire and safety hazards on land under I-10 in Los Angeles before arson fire
- The Truth About Those Slaps and More: 15 Secrets About Monster-In-Law
- Israel shows photos of weapons and a tunnel shaft at Gaza's Al-Shifa hospital as search for Hamas command center continues
- Travis Hunter, the 2
- White House rejects congressional requests tied to GOP-led House impeachment inquiry against Biden, as special counsel charges appear unlikely
- 'The Crown' Season 6: When does Part 2 come out? Release date, cast, how to watch
- Horoscopes Today, November 17, 2023
- Military service academies see drop in reported sexual assaults after alarming surge
- This cursed season should finally put the 'NFL is scripted' conspiracies to rest
Ranking
- 'Most Whopper
- Miss Universe 2023 Winner Is Miss Nicaragua Sheynnis Palacios
- Arkansas man used losing $20 scratch-off ticket to win $500,000 in play-it-again game
- The Vatican broadens public access to an ancient Roman necropolis
- Global Warming Set the Stage for Los Angeles Fires
- Israel shows photos of weapons and a tunnel shaft at Gaza's Al-Shifa hospital as search for Hamas command center continues
- Police shoot armed woman at Arizona mall and charge her with assault
- Macy's Thanksgiving Day Parade will be led by HBCU marching band this year
Recommendation
Current, future North Carolina governor’s challenge of power
Adam Johnson’s UK team retires his jersey number after the American player’s skate-cut death
Michigan football program revealed as either dirty or exceptionally sloppy
Taylor Swift fan dies at Rio concert as fans complain about high temperatures and lack of water
A South Texas lawmaker’s 15
Gaza communications blackout ends, giving rise to hope for the resumption of critical aid deliveries
4 killed in South Carolina when vehicle crashes into tree known as ‘The Widowmaker’
Australia says its navy divers were likely injured by the Chinese navy’s ‘unsafe’ use of sonar