Current:Home > MyGM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit -CapitalEdge
GM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit
View
Date:2025-04-14 10:15:16
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! (85)
Related
- John Galliano out at Maison Margiela, capping year of fashion designer musical chairs
- How to Watch the 2024 Paris Olympics Opening Ceremony and All Your Favorite Sports
- Halloween in July is happening. But Spirit Halloween holds out for August. Here's when stores open
- Harris looks to lock up Democratic nomination after Biden steps aside, reordering 2024 race
- Tom Holland's New Venture Revealed
- Legal fight continues with appeals over proposed immigration initiative for Arizona Nov. 5 ballot
- MLB trade deadline 2024: Biggest questions as uncertainty holds up rumor mill
- Democrats promise ‘orderly process’ to replace Biden, where Harris is favored but questions remain
- Military service academies see drop in reported sexual assaults after alarming surge
- Nicole Kidman Makes Rare Comments About Ex-Husband Tom Cruise
Ranking
- Dick Vitale announces he is cancer free: 'Santa Claus came early'
- 16 & Pregnant Alum Autumn Crittendon Dead at 27
- When does Simone Biles compete at Olympics? Her complete gymnastics schedule in Paris
- How well does the new 2024 Toyota Land Cruiser cruise on pavement?
- Woman dies after Singapore family of 3 gets into accident in Taiwan
- 3 rescued after homeowner's grandson intentionally set fire to Georgia house, officials say
- The Daily Money: Americans are ditching their cars
- Truck driver charged in Ohio interstate crash that killed 3 students, 3 others
Recommendation
The Grammy nominee you need to hear: Esperanza Spalding
Wildfires: 1 home burned as flames descends on a Southern California neighborhood
Trump, Ukraine's Zelenskyy speak by phone
Cell phones, clothes ... rent? Inflation pushes teens into the workforce
Scoot flight from Singapore to Wuhan turns back after 'technical issue' detected
Officials to release video of officer shooting Black woman in her home after responding to 911 call
Donald Trump to appear on golfer Bryson DeChambeau's Break 50 show for 'special episode'
Travis Kelce’s Training Camp Look Is a Nod to Early Days of Taylor Swift Romance