Current:Home > NewsGM 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
Benjamin Ashford View
Date:2025-04-11 01:01:42
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! (5)
Related
- Head of the Federal Aviation Administration to resign, allowing Trump to pick his successor
- If You Want a Low-Maintenance Skincare Routine, Try This 1-Minute Facial While It’s 59% Off
- Special counsel's office contacted former Arizona Gov. Doug Ducey in Trump investigation
- Unchecked Oil and Gas Wastewater Threatens California Groundwater
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- Indigenous Women in Peru Seek to Turn the Tables on Big Oil, Asserting ‘Rights of Nature’ to Fight Epic Spills
- What banks do when no one's watching
- Shining a Light on Suicide Risk for Wildland Firefighters
- John Galliano out at Maison Margiela, capping year of fashion designer musical chairs
- Over 60,000 Amazon Shoppers Love This Easy-Breezy Summer Dress That's on Sale for $25
Ranking
- All That You Wanted to Know About She’s All That
- Kate Spade 24-Hour Flash Deal: Get This $330 Bucket Bag for Just $89
- Who are the Hunter Biden IRS whistleblowers? Joseph Ziegler, Gary Shapley testify at investigation hearings
- Stanford University president to resign following research controversy
- Dick Vitale announces he is cancer free: 'Santa Claus came early'
- Shipping Looks to Hydrogen as It Seeks to Ditch Bunker Fuel
- Singapore's passport dethrones Japan as world's most powerful
- Want to Buy a Climate-Friendly Refrigerator? Leading Manufacturers Are Finally Providing the Information You Need
Recommendation
Tom Holland's New Venture Revealed
Obamas’ personal chef drowns near family’s home on Martha’s Vineyard
See Jennifer Lawrence and Andy Cohen Kiss During OMG WWHL Moment
Special counsel's office contacted former Arizona Gov. Doug Ducey in Trump investigation
The FTC says 'gamified' online job scams by WhatsApp and text on the rise. What to know.
Ex-Florida lawmaker behind the 'Don't Say Gay' law pleads guilty to COVID relief fraud
Cardi B Calls Out Offset's Stupid Cheating Allegations
'This is Us' star Mandy Moore says she's received streaming residual checks for 1 penny