Current:Home > FinanceGM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit -Wealth Evolution Experts
GM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit
View
Date:2025-04-13 10:12:54
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! (394)
Related
- Working Well: When holidays present rude customers, taking breaks and the high road preserve peace
- Naiomi Glasses on weaving together Native American art, skateboarding and Ralph Lauren
- Top US officials to visit Mexico for border talks as immigration negotiations with Congress continue
- A Dutch court has sentenced a man convicted in a notorious Canadian cyberbullying case to 6 years
- Meta donates $1 million to Trump’s inauguration fund
- Holocaust past meets Amsterdam present in Steve McQueen’s ‘Occupied City’
- 'Anyone But You': Glen Powell calls Sydney Sweeney the 'Miss Congeniality of Australia'
- Polish viewers await state TV’s evening newscast for signs of new government’s changes in the media
- Charges: D'Vontaye Mitchell died after being held down for about 9 minutes
- UN says more than 1 in 4 people in Gaza are ‘starving’ because of war
Ranking
- Giants, Lions fined $200K for fights in training camp joint practices
- Could Colorado lose commitment from top offensive lineman? The latest on Jordan Seaton
- Trump transformed the Supreme Court. Now the justices could decide his political and legal future
- College football early signing day winners and losers include Alabama, Nebraska
- Paris Hilton, Nicole Richie return for an 'Encore,' reminisce about 'The Simple Life'
- Taraji P. Henson tearfully speaks out about pay inequality: 'The math ain't math-ing'
- Berlin film festival to honor Martin Scorsese for lifetime achievement
- Paul Giamatti set to receive Icon Award for 'The Holdovers' role at Palm Springs film festival
Recommendation
Beware of giant spiders: Thousands of tarantulas to emerge in 3 states for mating season
'The Bachelor' Season 28 cast is here: Meet 32 contestants vying for Joey Graziadei's heart
Chilling 'Zone of Interest' imagines life next door to a death camp
Grammy nominee Gracie Abrams makes music that unites strangers — and has Taylor Swift calling
JoJo Siwa reflects on Candace Cameron Bure feud: 'If I saw her, I would not say hi'
Faith groups say more foster families are needed to care for the children coming to the US alone
‘You are the father!’ Maury Povich declares to Denver Zoo orangutan
This golden retriever is nursing 3 African painted dog pups at a zoo because their own mother wouldn't care for them