Current:Home > ContactGM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit -BrightFutureFinance
GM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit
View
Date:2025-04-23 14:30:07
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! (296)
Related
- Could your smelly farts help science?
- Kerry and Xie exit roles that defined generation of climate action
- SAG-AFTRA defends Alec Baldwin as he faces a new charge in the 'Rust' fatal shooting
- Apple will open iPhone to alternative app stores, lower fees in Europe to comply with regulations
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- Kylie Cosmetics Dropped a New Foundation & Our Team Raves, “It Feels Like Nothing Is on My Skin
- Super Bowl 58 may take place in Las Vegas, but you won't see its players at casinos
- Lights, Camera, Oscars: Your guide to nominated movies and where to watch them
- Google unveils a quantum chip. Could it help unlock the universe's deepest secrets?
- Middle school students return to class for the 1st time since Iowa school shooting
Ranking
- Costco membership growth 'robust,' even amid fee increase: What to know about earnings release
- GM's driverless car company Cruise is under investigation by several agencies
- Business Insider to lay off around 8% of employees in latest media job cuts
- Pregnant Sofia Richie Reveals Sex of First Baby With Husband Elliot Grainge
- A South Texas lawmaker’s 15
- Microsoft layoffs: 1,900 workers at Activision Blizzard and Xbox to be let go
- A Pennsylvania law shields teacher misconduct complaints. A judge ruled that’s unconstitutional
- Raheem Morris hired as head coach by Atlanta Falcons, who pass on Bill Belichick
Recommendation
In ‘Nickel Boys,’ striving for a new way to see
Rights group reports more arrests as Belarus intensifies crackdown on dissent
Kylie Jenner & Jordyn Woods’ Fashion Week Exchange Proves They’re Totally Friends Again
It Could Soon Get a Whole Lot Easier to Build Solar in The Western US
What to know about Tuesday’s US House primaries to replace Matt Gaetz and Mike Waltz
Sexually explicit Taylor Swift AI images circulate online, prompt backlash
Music student from China convicted of harassing person over democracy leaflet
Meet Efruz, the Jack Russell terrier that loves to surf the waves of Peru