Current:Home > NewsGM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit -Wealth Impact Academy
GM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit
Poinbank Exchange View
Date:2025-04-10 20:07:04
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! (81574)
Related
- Nevada attorney general revives 2020 fake electors case
- Hurricane Ernesto to strengthen; Bermuda braces for 'the power of nature'
- Democrats try to block Green Party from presidential ballot in Wisconsin, citing legal issues
- Family of man killed by Connecticut police officer files lawsuit, seeks federal probe of department
- The Grammy nominee you need to hear: Esperanza Spalding
- 'Truffles is just like me:' How a Pennsylvania cat makes kids feel proud to wear glasses
- Jordan Chiles, two Romanians were let down by FIG in gymnastics saga, CAS decision states
- 'Business done right': Why the WWE-TNA partnership has been a success
- Trump wants to turn the clock on daylight saving time
- Injured Ferguson officer shows ‘small but significant’ signs of progress in Missouri
Ranking
- New Zealand official reverses visa refusal for US conservative influencer Candace Owens
- Wally Amos, 88, of cookie fame, died at home in Hawaii. He lost Famous Amos but found other success
- Democrats try to block Green Party from presidential ballot in Wisconsin, citing legal issues
- US unemployment claims fall 7,000 to 227,000 in sign of resiliency in job market
- 2 killed, 3 injured in shooting at makeshift club in Houston
- US unemployment claims fall 7,000 to 227,000 in sign of resiliency in job market
- Conservative are pushing a ‘parental rights’ agenda in Florida school board races. But will it work?
- Jordan Chiles Breaks Silence on Significant Blow of Losing Olympic Medal
Recommendation
'Survivor' 47 finale, part one recap: 2 players were sent home. Who's left in the game?
Federal agency says lax safety practices are putting New York City subway workers at risk
Traveling? Here Are the Best Life-Saving Travel Accessories You Need To Pack, Starting at Just $7
Taylor Swift fans in London say they feel safe because 'there is security everywhere'
Jamie Foxx gets stitches after a glass is thrown at him during dinner in Beverly Hills
She was last seen July 31. Her husband reported her missing Aug. 5. Where is Mamta Kafle?
football player, 14, dies after collapsing during practice in Alabama
As school bus burned, driver's heroic actions helped save Colorado kids, authorities say