Current:Home > MarketsGM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit -TradeCircle
GM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit
Robert Brown View
Date:2025-04-11 06:02:30
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! (23)
Related
- Angelina Jolie nearly fainted making Maria Callas movie: 'My body wasn’t strong enough'
- 3 killed in shooting at Montgomery grocery store
- Federal officials make arrest in alleged NBA betting scheme involving Jontay Porter
- Convicted Rust Armorer Hannah Gutierrez-Reed Says She Wants Alec Baldwin In Jail Per Prosecutors
- Meet first time Grammy nominee Charley Crockett
- Ranking Major League Baseball's eight most beautiful stadiums
- Judge tosses out Illinois ban that drafts legislative candidates as ‘restriction on right to vote’
- Woman in Michigan police standoff dies after being struck with ‘less lethal round’
- What do we know about the mysterious drones reported flying over New Jersey?
- Clubhouse programs take pressure off overwhelmed Texas mental health hospitals
Ranking
- Average rate on 30
- D-Day anniversary shines a spotlight on ‘Rosie the Riveter’ women who built the weapons of WWII
- Man’s body found after suburban Chicago home explodes
- Boeing Starliner launch livestream: Watch as NASA sends 2 astronauts to ISS
- Biden administration makes final diplomatic push for stability across a turbulent Mideast
- Who will win 2024 NBA Finals? Mavericks vs. Celtics picks, predictions and odds
- A brief history of second-round success stories as Bronny James eyes NBA draft
- AT&T says it has resolved nationwide issue affecting ability of customers to make calls
Recommendation
Costco membership growth 'robust,' even amid fee increase: What to know about earnings release
A court ruled embryos are children. These Christian couples agree yet wrestle with IVF choices
New Mexico voters oust incumbents from Legislature with positive implications for paid family leave
Man arrested in New Orleans for death of toddler in Maine
Federal appeals court upholds $14.25 million fine against Exxon for pollution in Texas
Kerry Washington takes credit for 'Scandal' co-star Tony Goldwyn's glow up
Wisconsin warden jailed hours before news conference on prison death investigations
LeBron James 'mad' he's not Kyrie Irving's running mate any longer