Current:Home > NewsGM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit -InvestPioneer
GM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit
View
Date:2025-04-12 02:51:53
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! (27149)
Related
- Selena Gomez's "Weird Uncles" Steve Martin and Martin Short React to Her Engagement
- Are your eclipse glasses safe? How to know if they'll really protect your eyes during the total solar eclipse
- Winning $1.326 billion Powerball ticket drawn in Oregon
- Biden to announce new student loan forgiveness proposals
- A South Texas lawmaker’s 15
- Chioke, beloved giraffe, remembered in Sioux Falls. Zoo animals mourned across US when they die
- MLB power rankings: Red Sox come home with best pitching staff in baseball
- When is the next total solar eclipse in the US after 2024 and what is its path? What to know
- Macy's says employee who allegedly hid $150 million in expenses had no major 'impact'
- Purdue's Matt Painter has been one of best coaches of his generation win or lose vs. UConn
Ranking
- Trump issues order to ban transgender troops from serving openly in the military
- Will China flood the globe with EVs and green tech? What’s behind the latest US-China trade fight
- Dawn Staley thanks Caitlin Clark: 'You are one of the GOATs of our game.'
- Drake Bell Defends Josh Peck From “Attack” After Quiet on Set
- Alex Murdaugh’s murder appeal cites biased clerk and prejudicial evidence
- Salvage crews have begun removing containers from the ship that collapsed Baltimore’s Key bridge
- French diver Alexis Jandard slips during Paris Olympic aquatics venue opening ceremony
- How Mark Estes Feels About Spotlight on Kristin Cavallari Romance
Recommendation
Why we love Bear Pond Books, a ski town bookstore with a French bulldog 'Staff Pup'
What's next for Caitlin Clark? Her college career is over, but Iowa star has busy months ahead
Lainey Wilson Reveals She Got Her Start Impersonating Miley Cyrus at Hannah Montana Parties
Michelle Troconis, convicted of conspiracy in Jennifer Dulos murder, was fooled by boyfriend, says sister
Residents worried after ceiling cracks appear following reroofing works at Jalan Tenaga HDB blocks
What is the difference between a solar eclipse and a lunar eclipse?
Trump campaign says it raised $50.5 million at Florida fundraiser
Weather is the hot topic as eclipse spectators stake out their spots in US, Mexico and Canada