Current:Home > NewsGM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit -Lighthouse Finance Hub
GM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit
View
Date:2025-04-18 03:24:58
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! (844)
Related
- 'Malcolm in the Middle’ to return with new episodes featuring Frankie Muniz
- Whether to publicly say Trump’s name becomes issue in Connecticut congressional debate
- RHONY's Brynn Whitfield Debuts Dramatic Hair Transformation That Made Her Cry
- Travis Barker Shares Sweet Shoutout to Son Landon Barker for 21st Birthday
- Drones warned New York City residents about storm flooding. The Spanish translation was no bueno
- Who went home on Episode 2 of 'The Summit' in chopped rope bridge elimination
- Delta’s Q3 profit fell below $1 billion after global tech outage led to thousands of cancellations
- Minnesota Twins to be put up for sale by Pohlad family, whose owned the franchise since 1984
- Eva Mendes Shares Message of Gratitude to Olympics for Keeping Her and Ryan Gosling's Kids Private
- Powerball winning numbers for October 9 drawing: Jackpot up to $336 million
Ranking
- Skins Game to make return to Thanksgiving week with a modern look
- Seven NFL coaches on hot seat: Who's on notice after Jets fired Robert Saleh?
- All of Broadway’s theater lights will dim for actor Gavin Creel after an outcry
- Uber, Lyft drivers fight for higher pay, better protections
- Police remove gator from pool in North Carolina town: Watch video of 'arrest'
- Opinion: Now is not the time for Deion Sanders, Colorado to shrink with Kansas State in town
- Peter Dodge's final flight: Hurricane scientist gets burial at sea into Milton's eye
- 3 out of every 5 gas stations in Tampa are out of fuel as Hurricane Milton approaches
Recommendation
In ‘Nickel Boys,’ striving for a new way to see
RHONY's Brynn Whitfield Debuts Dramatic Hair Transformation That Made Her Cry
Meet TikToker Lt. Dan: The Man Riding Out Hurricane Milton on His Boat
Amazon pharmacy to offer same-day delivery to nearly half of US by end of 2025
Tom Holland's New Venture Revealed
Here’s what has made Hurricane Milton so fierce and unusual
Francisco Lindor gives Mets fans a Citi Field moment they'll never forget
Ethel Kennedy, Widow of Robert F. Kennedy, Dead at 96