Current:Home > NewsGM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit -WealthGrow Network
GM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit
View
Date:2025-04-14 00:01:01
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! (43661)
Related
- A White House order claims to end 'censorship.' What does that mean?
- Cyclone Freddy shattered records. People lost everything. How does the healing begin?
- North Dakota Supreme Court ruling keeps the state's abortion ban on hold for now
- How poverty and racism 'weather' the body, accelerating aging and disease
- Backstage at New York's Jingle Ball with Jimmy Fallon, 'Queer Eye' and Meghan Trainor
- Colorectal cancer is rising among Gen X, Y & Z. Here are 5 ways to protect yourself
- Billions of people lack access to clean drinking water, U.N. report finds
- Mass killers practice at home: How domestic violence and mass shootings are linked
- McKinsey to pay $650 million after advising opioid maker on how to 'turbocharge' sales
- Tori Bowie's death highlights maternal mortality rate for Black women: Injustice still exists
Ranking
- Rolling Loud 2024: Lineup, how to stream the world's largest hip hop music festival
- Strawberry products sold at Costco, Trader Joe's, recalled after hepatitis A outbreak
- Infection toll for recalled eyedrops climbs to 81, including 4 deaths, CDC says
- NFL Legend Jim Brown Dead at 87
- Civic engagement nonprofits say democracy needs support in between big elections. Do funders agree?
- Strawberry products sold at Costco, Trader Joe's, recalled after hepatitis A outbreak
- As Trump Touts Ethanol, Scientists Question the Fuel’s Climate Claims
- This Week in Clean Economy: Major Solar Projects Caught Up in U.S.-China Trade War
Recommendation
Biden administration makes final diplomatic push for stability across a turbulent Mideast
Auli’i Cravalho Reveals If She'll Return as Moana for Live-Action Remake
Journalists: Apply Now for ICN’s Southeast Environmental Reporting Workshop
Airplane Contrails’ Climate Impact to Triple by 2050, Study Says
Romantasy reigns on spicy BookTok: Recommendations from the internet’s favorite genre
Michigan man arrested for planning mass killing at synagogue
Megan Fox Rocks Sheer Look at Sports Illustrated Event With Machine Gun Kelly
Love is something that never dies: Completing her father's bucket list