Current:Home > InvestGM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit -PureWealth Academy
GM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit
View
Date:2025-04-12 18:58:04
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! (9)
Related
- Could Bill Belichick, Robert Kraft reunite? Maybe in Pro Football Hall of Fame's 2026 class
- GM, Chevrolet, Nissan, Porsche among 1.2 million vehicles recalled: Check car recalls here
- Kim Mulkey crossed line with comments on LSU, South Carolina players fighting
- Across the Nation, Lawmakers Aim to Ban Lab-Grown Meat
- Why we love Bear Pond Books, a ski town bookstore with a French bulldog 'Staff Pup'
- Need a quarterback? Think twice as Mac Jones trade stamps 2021 NFL draft as costly warning
- New York Yankees ace Gerrit Cole to get MRI on pitching elbow
- NAACP urges Black student-athletes to reconsider Florida colleges after state slashed DEI programs
- What do we know about the mysterious drones reported flying over New Jersey?
- LinkedIn goes down on Wednesday, following Facebook outage on Super Tuesday
Ranking
- Small twin
- NFL rumors abound as free agency begins. The buzz on Tee Higgins' trade drama and more
- What is the most Oscars won by a single movie?
- Una inundación catastrófica en la costa central de California profundizó la crisis de los ya marginados trabajadores agrícolas indígenas
- Person accused of accosting Rep. Nancy Mace at Capitol pleads not guilty to assault charge
- Mega Millions jackpot heats up to $735 million: When is the next lottery drawing?
- Most automated driving systems aren’t good making sure drivers pay attention, insurance group says
- The 10 Best Websites to Buy Chic, Trendy & Stylish Prom Dresses Online
Recommendation
South Korea's acting president moves to reassure allies, calm markets after Yoon impeachment
CHUNG HA is ready for a new chapter: 'It's really important from now to share my stories'
Mistrial declared in fired Penn State football team doctor’s lawsuit over 2019 ouster
Donald Trump roasted Jimmy Kimmel on social media during the Oscars. Then the host read it on air.
Arkansas State Police probe death of woman found after officer
Horoscopes Today, March 11, 2024
Josh Jacobs to join Packers on free agent deal, per multiple reports
Special counsel Hur is set to testify before a House committee over handling of Biden documents case