Current:Home > FinanceGM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit -AssetTrainer
GM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit
View
Date:2025-04-19 07:41:46
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! (77826)
Related
- The city of Chicago is ordered to pay nearly $80M for a police chase that killed a 10
- Biden is touring collapsed Baltimore bridge where recovery effort has political overtones
- Bachelor Nation's Daisy Kent Reveals Why She Turned Down the Opportunity to Be the Bachelorette
- NC State star DJ Burns could be an intriguing NFL prospect but there are obstacles
- Rams vs. 49ers highlights: LA wins rainy defensive struggle in key divisional game
- What we know about the Baltimore bridge collapse as the cleanup gets underway
- F1 star Guenther Steiner loves unemployed life, and his new role with F1 Miami Grand Prix
- Powerball winning numbers for April 3 drawing: Did anyone win $1.09 billion jackpot?
- Skins Game to make return to Thanksgiving week with a modern look
- Voodoo doll, whoopie cushion, denture powder among bizarre trash plucked from New Jersey beaches
Ranking
- Kylie Jenner Shows Off Sweet Notes From Nieces Dream Kardashian & Chicago West
- 'Great news': California snowpack above average for 2nd year in a row
- Rebel Wilson Reveals Her Shocking Salaries for Pitch Perfect and Bridesmaids
- The Lilly Pulitzer Surprise Sale Just Started: You’re Running Out of Time to Shop Rare 60% Off Deals
- Paige Bueckers vs. Hannah Hidalgo highlights women's basketball games to watch
- Wawa is giving away free coffee for its 60th birthday: Here's what to know
- Your tax refund check just arrived. What should you do with it?
- Afrobeats star Davido threatens legal action over fake drug arrest story on April Fools' Day
Recommendation
Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
Emma Roberts Reveals Why She Had Kim Kardashian's Lip Gloss All Over Her Face
Conan O'Brien to return to 'Tonight Show' with Jimmy Fallon for first time after firing
House explosion in New Hampshire leaves 1 dead and 1 injured
Could your smelly farts help science?
Treasurer for dozens of Ohio political campaigns accused of stealing nearly $1M from clients
Soccer Star and Olympian Luke Fleurs Dead at 24 in Hijacking, Police Say
Small underwater drone discovers century-old vessel in ship graveyard off Australia coast