Current:Home > FinanceGM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit -Capitatum
GM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit
SignalHub View
Date:2025-04-06 16:45:05
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! (53587)
Related
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- Why Sydney Sweeney Wanted a Boob Job in High School
- Morant’s 34 points in stirring season debut lead Grizzlies to 115-113 win over Pelicans
- Excessive costs force Wisconsin regulators to halt work on groundwater standards for PFAS chemicals
- B.A. Parker is learning the banjo
- Why Sydney Sweeney Wanted a Boob Job in High School
- 'Maestro' hits some discordant notes
- Jennifer Love Hewitt Slams Sexualization of Her Younger Self
- The FTC says 'gamified' online job scams by WhatsApp and text on the rise. What to know.
- South Carolina couple is charged with murder in the 2015 killings of four of their family members
Ranking
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- Power outage maps: Over 500,000 customers without power in Maine, Massachusetts
- Recreate Taylor Swift's Time cover with your dog to win doggie day care
- Jennifer Love Hewitt hits back at claims she's 'unrecognizable': 'Aging in Hollywood is really hard'
- NHL in ASL returns, delivering American Sign Language analysis for Deaf community at Winter Classic
- Greece approves new law granting undocumented migrants residence rights, provided they have a job
- Give the Gift of Travel This Holiday Season With Rare Deals on Away Luggage
- Amanda Bynes says undergoing blepharoplasty surgery was 'one of the best things.' What is it?
Recommendation
Woman dies after Singapore family of 3 gets into accident in Taiwan
170 nursing home residents displaced after largest facility in St. Louis closes suddenly
Jake Paul is going to the 2024 Paris Olympics. Here's the info on his USA Boxing partnership
Thousands rally across Slovakia to protest the government’s plan to amend the penal code
What were Tom Selleck's juicy final 'Blue Bloods' words in Reagan family
Firefighters rescue a Georgia quarry worker who spent hours trapped and partially buried in gravel
Parents and uncle convicted of murdering Pakistani teen in Italy for refusing an arranged marriage
New York City faulted for delays in getting emergency food aid to struggling families