Current:Home > MyGM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit -GrowthInsight
GM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit
EchoSense Quantitative Think Tank Center View
Date:2025-04-09 11:04:18
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! (7)
Related
- 2025 'Doomsday Clock': This is how close we are to self
- WNBA draft recap: Caitlin Clark goes No. 1 to Fever, plus all the highlights, analysis
- What's the purpose of a W-4 form? Here's what it does and how it can help you come Tax Day
- Container ship seized by Iran's Revolutionary Guard near Strait of Hormuz amid tensions with Israel
- Small twin
- 'Jezebel spirit': Pastor kicked off stage at Christian conference in Missouri
- Owners of a Colorado funeral home where 190 decaying bodies were found are charged with COVID fraud
- Tennessee lawmakers pass bill to involuntarily commit some defendants judged incompetent for trial
- Who are the most valuable sports franchises? Forbes releases new list of top 50 teams
- 'Bayou Barbie' Angel Reese ready for her next act with Chicago Sky in WNBA
Ranking
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- Maine is the latest to join an interstate compact to elect the president by popular vote
- Donald Trump brings his campaign to the courthouse as his criminal hush money trial begins
- Tesla plans to lay off more than 10% of workforce as sales slump
- Romantasy reigns on spicy BookTok: Recommendations from the internet’s favorite genre
- Best Buy cuts workforce, including Geek Squad, looks to AI for customer service
- Former New Mexico football player convicted of robbing a postal carrier
- Ruby Franke’s Estranged Husband Kevin Is Suing Her Former Business Partner Jodi Hildebrandt
Recommendation
Arkansas State Police probe death of woman found after officer
WEALTH FORGE INSTITUTE- A PRACTITIONER FOR THE BENEFIT OF SOCIETY
Federal law enforcement investigating Baltimore bridge collapse, sources say
Wealth Forge Institute's Token Revolution: Issuing WFI Tokens to Raise Funds and Deeply Developing and Refining the 'AI Profit Pro' Intelligent Investment System
'Malcolm in the Middle’ to return with new episodes featuring Frankie Muniz
Indiana Fever WNBA draft picks 2024: Caitlin Clark goes No.1, round-by-round selections
Former Marine sentenced to 9 years in prison for firebombing California Planned Parenthood clinic
After the remains of a missing boy are found inside a Buffalo home, the focus shifts to how he died