Current:Home > FinanceGM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit -TruePath Finance
GM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit
View
Date:2025-04-17 11:41:50
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! (19575)
Related
- Pregnant Kylie Kelce Shares Hilarious Question Her Daughter Asked Jason Kelce Amid Rising Fame
- Eva Mendes has a message about food dyes in cereal. People are mad, but is she right?
- US fines Lufthansa $4 million for treatment of Orthodox Jewish passengers on a 2022 flight
- How 'Georgie & Mandy's First Marriage' mirrors real-life wedding, baby for its stars
- Questlove charts 50 years of SNL musical hits (and misses)
- SpaceX accuses California board of bias against Musk in decisions over rocket launches
- Bella Hadid Makes Angelic Return to Victoria’s Secret Fashion Show
- NFL owners approve Jacksonville’s $1.4 billion ‘stadium of the future’ set to open in 2028
- Man can't find second winning lottery ticket, sues over $394 million jackpot, lawsuit says
- San Jose State volleyball at the center of another decision on forfeiting
Ranking
- Why members of two of EPA's influential science advisory committees were let go
- How Jose Iglesias’ ‘OMG’ became the perfect anthem for the underdog Mets
- There's a big Ozempic controversy brewing online. Doctors say it's the 'wild west.'
- The Victoria's Secret Fashion Show returns: How to watch the runway
- South Korean president's party divided over defiant martial law speech
- A wild cat native to Africa and Asia is captured in a Chicago suburb
- Opinion: Jerry Jones should know better than to pick media fight he can’t win
- Stellantis recalls over 21,000 Dodge Hornet, Alfa Romeo Tonale vehicles for brake pedal failure
Recommendation
A South Texas lawmaker’s 15
Some coaches may get surprise if they reach College Football Playoff. And not a good one.
Dylan Sprouse Shares How Wife Barbara Palvin Completely Changed Him
'Diablo wind' in California could spark fires, lead to power shutdown for 30,000
'Vanderpump Rules' star DJ James Kennedy arrested on domestic violence charges
Ex-husband of ‘Real Housewives’ star gets seven years for hiring mobster to assault her boyfriend
Mega Millions winning numbers for October 15 drawing: Did anyone win $169 million jackpot?
Texas set to execute Robert Roberson despite strong evidence of innocence. What to know.