Current:Home > MyGM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit -Elevate Capital Network
GM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit
View
Date:2025-04-12 05:36:39
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! (35)
Related
- Matt Damon remembers pal Robin Williams: 'He was a very deep, deep river'
- What Matty Healy's Mom Has to Say About Taylor Swift's The Tortured Poets Department
- Russia's Orthodox Church suspends priest who led Alexey Navalny memorial service
- Jeezy Denies Ex Jeannie Mai's Deeply Disturbing Abuse Allegations
- Man can't find second winning lottery ticket, sues over $394 million jackpot, lawsuit says
- Chicago Bears select QB Caleb Williams with No. 1 pick in 2024 NFL draft
- 18 indicted in alleged 2020 fake Arizona elector scheme tied to Trump, AG announces
- Power Plant Pollution Targeted in Sweeping Actions by Biden Administration
- Golf's No. 1 Nelly Korda looking to regain her form – and her spot on the Olympic podium
- Southwest says it's pulling out of 4 airports. Here's where.
Ranking
- In ‘Nickel Boys,’ striving for a new way to see
- New home for University of Kentucky cancer center will help accelerate research, director says
- Charges against Trump’s 2020 ‘fake electors’ are expected to deter a repeat this year
- Kansas man sentenced to 10 years for crash that killed officer, pedestrian and K-9 last February
- Family of explorer who died in the Titan sub implosion seeks $50M-plus in wrongful death lawsuit
- Caleb Williams goes to the Bears with the No. 1 overall pick in the NFL draft
- Ashley Judd and Other Stars React to Harvey Weinstein's Overturned Conviction
- Carol Burnett surprised by Bradley Cooper birthday video after cracking raunchy joke about him
Recommendation
Person accused of accosting Rep. Nancy Mace at Capitol pleads not guilty to assault charge
The 2024 Tesla Cybertruck takes an off-road performance test
Jack Wagoner, attorney who challenged Arkansas’ same-sex marriage ban, dies
Chris Pine Reveals His Favorite Meme of Himself
Audit: California risked millions in homelessness funds due to poor anti-fraud protections
School lunches are changing: USDA updates rules to limit added sugars for the first time
Chicago Bears select QB Caleb Williams with No. 1 pick in 2024 NFL draft
Philadelphia Eagles give wide receiver A.J. Brown a record contract extension