Current：Home > MarketsGM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit -StockFocus
GM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit
View
Date：2025-04-17 01:51:15
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！ (92)
Related
- Global Warming Set the Stage for Los Angeles Fires
- Takeaways from AP’s report on churches starting schools in voucher states
- Joel Embiid signs a 3-year, $193 million contract extension with the 76ers
- JoJo was a teen sensation. At 33, she’s found her voice again
- Civic engagement nonprofits say democracy needs support in between big elections. Do funders agree?
- A night with Peter Cat Recording Co., the New Delhi band that’s found global appeal
- Senator’s son to appear in court to change plea in North Dakota deputy’s crash death
- Sebastian Stan Seemingly Reveals Gossip Girl Costar Leighton Meester Was His First Love
- Costco membership growth 'robust,' even amid fee increase: What to know about earnings release
- Diddy is 'fighting for his life' amid sex trafficking charges. What does this mean for him?
Ranking
- Behind on your annual reading goal? Books under 200 pages to read before 2024 ends
- Jeff Bezos pens Amazon review for Lauren Sánchez's book: How many stars did he rate it?
- Mary Jo Eustace Details Her Most Painful Beauty Procedures
- Zayn Malik Makes Rare Comment About Incredible Daughter Khai on Her 4th Birthday
- Finally, good retirement news! Southwest pilots' plan is a bright spot, experts say
- Attorney Demand Letter Regarding Unauthorized Use and Infringement of [ASCENDANCY Investment Education Foundation's Brand Name]
- Murder charge reinstated against ex-trooper in chase that killed girl, 11
- Hotter summers are making high school football a fatal game for some players
Recommendation
'No Good Deed': Who's the killer in the Netflix comedy? And will there be a Season 2?
Georgia jobless rate rises for a fourth month in August
Body language experts assess Mike Tyson vs. Jake Paul face-off, cite signs of intimidation
In-person voting for the US presidential contest is about to start as Election Day closes in
Paige Bueckers vs. Hannah Hidalgo highlights women's basketball games to watch
Board approves more non-lethal weapons for UCLA police after Israel-Hamas war protests
Justice Department opens civil rights probe into sheriff’s office after torture of 2 Black men
Tourists can finally visit the Oval Office. A replica is opening near the White House on Monday