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:2025-04-16 04:05:57
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! (582)
Related
- Buckingham Palace staff under investigation for 'bar brawl'
- Pakistani police cracking down on migrants are arresting Afghan women and children, activists claim
- Miley Cyrus, Ice Spice and More React to Grammys 2024 Nominations
- Tyler Perry discusses new documentary on his life, Maxine's Baby, and SAG-AFTRA strike
- Opinion: Gianni Infantino, FIFA sell souls and 2034 World Cup for Saudi Arabia's billions
- Kentucky under state of emergency as dozens of wildfires spread amid drought conditions
- Movie Review: In David Fincher’s ‘The Killer,’ an assassin hides in plain sight
- Tensions running high at New England campuses over protests around Israel-Hamas war
- US wholesale inflation accelerated in November in sign that some price pressures remain elevated
- Aldi can be a saver's paradise: Here's how to make the most of deals in every aisle
Ranking
- Trump's 'stop
- USC quarterback Caleb Williams addresses crying video after loss to Washington
- Durham District Attorney Deberry’s entry shakes up Democratic primary race for attorney general
- Nonprofits making progress in tackling homelessness among veterans, but challenges remain
- Spooky or not? Some Choa Chu Kang residents say community garden resembles cemetery
- Industrial robot crushes worker to death as he checks whether it was working properly
- Remains of infant found at Massachusetts recycling center for second time this year
- How to watch 2023 NWSL championship: Megan Rapinoe and Ali Krieger face off in farewell
Recommendation
Person accused of accosting Rep. Nancy Mace at Capitol pleads not guilty to assault charge
Australian Mom Dies After Taking Ozempic to Lose Weight for Daughter's Wedding
Morocco debates how to rebuild from September quake that killed thousands
Ranking all 32 NFL teams from most to least entertaining: Who's fun at midseason?
The Best Stocking Stuffers Under $25
Florida deputies struck intentionally by man driving car recovering after surgeries, sheriff says
Ranking all 32 NFL teams from most to least entertaining: Who's fun at midseason?
Lyrics can be used as evidence during rapper Young Thug's trial on gang and racketeering charges, judge rules