Current:Home > FinanceGM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit -DollarDynamic
GM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit
View
Date:2025-04-14 01:24:02
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! (425)
Related
- Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
- Blinken says no Russia-Ukraine peace possible until Kyiv can defend itself and Putin pulls his troops out
- Sisters Dakota and Elle Fanning Are Polar Opposites in Rare Red Carpet Appearance Together
- Why Heather Rae El Moussa Calls Her Future With Selling Sunset “Frustrating”
- Could your smelly farts help science?
- Savannah Chrisley Shares How She's Avoiding Negativity Amid Parents Todd and Julie's Prison Stay
- Why The Handmaid's Tale Showrunner Suddenly Stepped Down Before Season 6
- Ukraine says Russia blew up major dam from inside, endangering thousands of people and a nuclear plant
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
- U.S. woman injured in shark attack in Turks and Caicos
Ranking
- Woman dies after Singapore family of 3 gets into accident in Taiwan
- Kit Connor’s Fitness Transformation Will Stop Your Heart
- Blinken says no Russia-Ukraine peace possible until Kyiv can defend itself and Putin pulls his troops out
- Nick Jonas' Hilariously Relatable Dad Moment Proves He's Only Human
- Federal hiring is about to get the Trump treatment
- U.S. warship sunk by human-guided kamikaze bomb during World War II found off Japan
- At least 288 killed, 850 injured in India train derailment
- Why the water in Venice's Grand Canal turned fluorescent green
Recommendation
Moving abroad can be expensive: These 5 countries will 'pay' you to move there
Plot to kill Queen Elizabeth II during 1983 San Francisco visit revealed in FBI documents
Ulta 24-Hour Flash Sale: Take 50% Off Grande Cosmetics, Sunday Riley, Origins, L'Occitane, and More
Russia and Ukraine accuse each other of attempted drone attacks on capitals Moscow and Kyiv
Person accused of accosting Rep. Nancy Mace at Capitol pleads not guilty to assault charge
Russian lobbies to be part of potential prisoner swap for Evan Gershkovich, Paul Whelan
Michael Sterling Vows to Win Eva Marcille Back After RHOA Alum Files for Divorce
Kate Spade 24-Hour Flash Deal: Get This $330 Bucket Bag for Just $79