Current:Home > reviewsGM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit -WealthSync Hub
GM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit
View
Date:2025-04-17 04:00:51
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! (589)
Related
- In ‘Nickel Boys,’ striving for a new way to see
- Kelly Clarkson Shares How Her Ego Affected Brandon Blackstock Divorce
- How 2% became the target for inflation
- Cultivated meat: Lab-grown meat without killing animals
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
- Harris and Ocasio-Cortez Team up on a Climate ‘Equity’ Bill, Leaving Activists Hoping for Unity
- Investigation: Many U.S. hospitals sue patients for debts or threaten their credit
- Following Berkeley’s Natural Gas Ban, More California Cities Look to All-Electric Future
- Nearly 400 USAID contract employees laid off in wake of Trump's 'stop work' order
- Dwyane Wade Weighs In On Debate Over Him and Gabrielle Union Splitting Finances 50/50
Ranking
- San Francisco names street for Associated Press photographer who captured the iconic Iwo Jima photo
- 6 killed in small plane crash in Southern California
- The Biomass Industry Expands Across the South, Thanks in Part to UK Subsidies. Critics Say it’s Not ‘Carbon Neutral’
- A Chick-fil-A location is fined for giving workers meals instead of money
- Don't let hackers fool you with a 'scam
- Besieged by Protesters Demanding Racial Justice, Trump Signs Order Waiving Environmental Safeguards
- Polar Bear Moms Stick to Their Dens Even Faced With Life-Threatening Dangers Like Oil Exploration
- Gunman on scooter charged with murder after series of NYC shootings that killed 86-year-old man and wounded 3 others
Recommendation
Nearly half of US teens are online ‘constantly,’ Pew report finds
The federal spending bill will make it easier to save for retirement. Here's how
Neil Patrick Harris Shares Amazon Father’s Day Gift Ideas Starting at $15
Thousands of children's bikes recalled over handlebar issue
IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
Will a Summer of Climate Crises Lead to Climate Action? It’s Not Looking Good
Sam Bankman-Fried to be released on $250 million bail into parents' custody
Q&A: A Pioneer of Environmental Justice Explains Why He Sees Reason for Optimism