Current:Home > ScamsGM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit -Wealthify
GM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit
View
Date:2025-04-15 17:27:16
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! (4)
Related
- Paige Bueckers vs. Hannah Hidalgo highlights women's basketball games to watch
- Thousands of mourners in Islamabad attend funeral for Pakistani cleric gunned down in broad daylight
- Witty and fun, Kathy Swarts of 'Zip it' fame steals show during The Golden Wedding
- Winter storms dump snow on both US coasts and make for hazardous travel. See photos of the aftermath
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- Winter storm could have you driving in the snow again. These tips can help keep you safe.
- FAA orders grounding of certain Boeing 737 Max 9 planes after Alaska Airlines incident
- Tour bus crash kills 1, injures 11 on New York's Interstate 87
- Military service academies see drop in reported sexual assaults after alarming surge
- Supreme Court agrees to hear Colorado case over Trump's 2024 ballot eligibility
Ranking
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- Bulgarians celebrate the feast of Epiphany with traditional rituals
- LeBron James gives blunt assessment of Lakers after latest loss: 'We just suck right now'
- Resurrected Golden Globes will restart the party with ‘Barbie,’ ‘Oppenheimer’ and Swift
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- Olympian Mary Lou Retton Speaks Out About Her Life-Threatening Health Scare in First Interview
- 'Wait Wait' for January 6, 2024: New Year, New Interviews!
- 11-year-old killed in Iowa school shooting remembered as a joyful boy who loved soccer and singing
Recommendation
Have Dry, Sensitive Skin? You Need To Add These Gentle Skincare Products to Your Routine
Blackhawks' Connor Bedard knocked out of game after monster hit by Devils' Brendan Smith
Snow hinders rescues and aid deliveries to isolated communities after Japan quakes kill 126 people
The 2004 Golden Globes Will Give You A Rush Of Nostalgia
Taylor Swift Eras Archive site launches on singer's 35th birthday. What is it?
Orthodox mark Christmas, but the celebration is overshadowed for many by conflict
Roy Calne, a surgeon who led Europe’s first liver transplant, has died aged 93
FBI arrests 3 in Florida on charges of assaulting officers in Jan. 6 insurrection