Current:Home > FinanceGM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit -WealthMindset Learning
GM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit
View
Date:2025-04-13 13:31:17
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! (7714)
Related
- San Francisco names street for Associated Press photographer who captured the iconic Iwo Jima photo
- Explosion at an Idaho gas station leaves two critically injured and others presumed dead
- Why Ali Krieger Isn't Revealing Identity of Her New Girlfriend After Ashlyn Harris Split
- Congressional Democrats push resolution that says hospitals must provide emergency abortions
- Angelina Jolie nearly fainted making Maria Callas movie: 'My body wasn’t strong enough'
- Arizona man copied room key, sexually assaulted woman in hotel: Prosecutors
- Actor Chad McQueen, son of Steve McQueen, dies at 63
- Prince William’s New Rough and Rugged Beard Takes the Crown
- 'Malcolm in the Middle’ to return with new episodes featuring Frankie Muniz
- 2024 Emmy Awards predictions: Our picks for who will (and who should) win
Ranking
- Nearly 400 USAID contract employees laid off in wake of Trump's 'stop work' order
- Max Verstappen has a ‘monster’ to tame in Baku as Red Bull’s era of F1 dominance comes under threat
- Disney superfan dies after running Disneyland half marathon on triple-digit day
- Boat sinks during search for missing diver in Lake Michigan
- Rolling Loud 2024: Lineup, how to stream the world's largest hip hop music festival
- Thursday Night Football: Highlights, score, stats from Bills' win vs. Dolphins
- Alaska high court lets man serving a 20-year sentence remain in US House race
- Explosion at an Idaho gas station leaves two critically injured and others presumed dead
Recommendation
Trump wants to turn the clock on daylight saving time
Principal indicted, accused of not reporting alleged child abuse by Atlantic City mayor
Guns remain leading cause of death for children and teens in the US, report says
Award-winning author becomes a Barbie: How Isabel Allende landed 'in very good company'
Small twin
3-year-old dies after falling into neighbor's septic tank in Washington state
How to strengthen your pelvic floor, according to an expert
Prince William’s New Rough and Rugged Beard Takes the Crown