Current:Home > MyGM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit -Wealth Empowerment Zone
GM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit
View
Date:2025-04-13 04:54:35
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! (94775)
Related
- Will the 'Yellowstone' finale be the last episode? What we know about Season 6, spinoffs
- Tribe getting piece of Minnesota back more than a century after ancestors died there
- Walgreens CEO Roz Brewer resigns after less than 3 years on the job
- Derek Hough and Hayley Erbert Make a Splash During Honeymoon in Italy After Wedding
- Sam Taylor
- Imprisoned for abortion: Many Rwandan women are now free but stigma remains
- Nevada assemblywoman won’t seek re-election in swing district after scrutiny over her nonprofit job
- Nevada assemblywoman won’t seek re-election in swing district after scrutiny over her nonprofit job
- Tony Hawk drops in on Paris skateboarding and pushes for more styles of sport in LA 2028
- Hurricane Idalia looters arrested as residents worry about more burglaries
Ranking
- Head of the Federal Aviation Administration to resign, allowing Trump to pick his successor
- Iowa man sentenced to 50 years in drowning death of his newborn
- The Story of a Father's Unsolved Murder and the Daughter Who Made a Podcast to Find the Truth
- Police release body camera video showing officer fatally shooting pregnant woman
- Boy who wandered away from his 5th birthday party found dead in canal, police say
- Shopping center shooting in Austin was random, police say
- Pope praises Mongolia’s tradition of religious freedom from times of Genghis Khan at start of visit
- Hurricane Idalia looters arrested as residents worry about more burglaries
Recommendation
USA men's volleyball mourns chance at gold after losing 5-set thriller, will go for bronze
'Margaritaville' singer Jimmy Buffett dies at 76
Jimmy Buffett, 'Margaritaville' singer and mogul, dies: 'He lived his life like a song'
10 years and 1,000 miles later, Bob the cat is finally on his way back home
Sam Taylor
Workers are finally seeing real wage gains, but millions still struggle to pay the bills
Trader Joe's keeps issuing recalls. Rocks, insects, metal in our food. Is it time to worry?
Pentagon launches website for declassified UFO information, including videos and photos