Current:Home > ScamsGM 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:2025-04-18 09:35:49
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! (12)
Related
- North Carolina justices rule for restaurants in COVID
- George Brett's competitiveness, iconic moments highlight new MLB Network documentary
- Objection! One word frequently echoes through the courtroom at Trump's civil fraud trial
- Hunter Biden indicted on nine tax charges, adding to gun charges in special counsel probe
- Google unveils a quantum chip. Could it help unlock the universe's deepest secrets?
- Forest Whitaker's ex-wife, actress Keisha Nash, dead at 51: 'Most beautiful woman in the world'
- Man arrested after Target gift cards tampered with in California, shoppers warned
- Florida student deported after being accused of injecting chemicals into neighbors’ home
- Pressure on a veteran and senator shows what’s next for those who oppose Trump
- 'Peaky Blinders' actor, poet and activist Benjamin Zephaniah dead at 65
Ranking
- Taylor Swift Eras Archive site launches on singer's 35th birthday. What is it?
- Man found dead after staff see big cat holding a shoe in its mouth at Pakistan zoo
- Judge rules against Prince Harry in early stage of libel case against Daily Mail publisher
- Mother of Florida boy accused of football practice shooting now charged with felony
- How to watch new prequel series 'Dexter: Original Sin': Premiere date, cast, streaming
- Social Security clawbacks hit a million more people than agency chief told Congress
- Rebels in Congo take key outpost in the east as peacekeepers withdraw and fighting intensifies
- After day of rest at climate summit, COP28 negotiators turn back to fossil fuels
Recommendation
Romantasy reigns on spicy BookTok: Recommendations from the internet’s favorite genre
14 Can't Miss Sales Happening This Weekend From Coach to Walmart & So Much More
Boy battling cancer receives more than 1,000 cards for his birthday. You can send one too.
Armenia and Azerbaijan announce deal to exchange POWs and work toward peace treaty
Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
California expands insurance access for teens seeking therapy on their own
Food makers focus on Ozempic supplements and side dishes
George Brett's competitiveness, iconic moments highlight new MLB Network documentary