Current:Home > ScamsGM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit -FundPrime
GM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit
View
Date:2025-04-16 17:15:07
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! (91537)
Related
- Moving abroad can be expensive: These 5 countries will 'pay' you to move there
- US applications for jobless benefits rise, but layoffs remain at historically low levels
- Ring will no longer allow police to request doorbell camera footage from users
- Philadelphia prisoner being held on murder charge escapes, police warn public
- Tom Holland's New Venture Revealed
- Claudia Schiffer's cat Chip is purr-fection at the 'Argylle' premiere in London
- Chiefs vs. Ravens AFC championship game weather forecast: Rain expected all game
- Court storm coming? LSU preparing for all scenarios as Tigers host No. 1 South Carolina
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- Trump could testify as trial set to resume in his legal fight with E. Jean Carroll
Ranking
- Hackers hit Rhode Island benefits system in major cyberattack. Personal data could be released soon
- Do Stanley cups contain lead? What you should know about claims, safety of the tumblers
- When are the Grammy Awards? What to know about the host, 2024 nominees and more.
- Robitussin cough syrup sold nationwide recalled due to contamination
- South Korean president's party divided over defiant martial law speech
- A manifesto for feeding 8 billion people
- Ted Bundy tried to kill her, but she survived. Here's the one thing she's sick of being asked.
- Think you'll work past 70? Good luck. Why most of us retire earlier.
Recommendation
'No Good Deed': Who's the killer in the Netflix comedy? And will there be a Season 2?
Stock market today: Asian shares mostly rise, led by gains in Chinese markets following policy moves
Powerball jackpot grows to $164 million for January 24 drawing. See the winning numbers.
Biden to host Japan’s Prime Minister Kishida at a state visit in April
California DMV apologizes for license plate that some say mocks Oct. 7 attack on Israel
Here's how much the typical American pays in debt each month
Jennifer Grey's Dirty Dancing Memory of Patrick Swayze Will Lift You Up
Jim Harbaugh leaves his alma mater on top of college football. Will Michigan stay there?