Current:Home > ContactGM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit -VitalWealth Strategies
GM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit
View
Date:2025-04-17 12:32:48
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! (4)
Related
- Google unveils a quantum chip. Could it help unlock the universe's deepest secrets?
- Darius Rucker on Beyoncé's impact, lingering racism in country music in Chris Wallace clip
- Massachusetts on verge of becoming second-to-last state to outlaw ‘revenge porn’
- ICE's SmartLINK app tracks migrants by the thousands. Does it work?
- Could your smelly farts help science?
- Ruing past boarding-school abuses, US Catholic bishops consider new outreach to Native Americans
- White House preps ‘dreamers’ celebration while President Biden eyes new benefits for immigrants
- Duke Energy power equipment in Durham found damaged from gunfire after power outage, police say
- Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
- Swimmer Lia Thomas' case against World Aquatics transgender athlete rules dismissed
Ranking
- Realtor group picks top 10 housing hot spots for 2025: Did your city make the list?
- 4-year-old Louisiana girl found dead, 6-year-old sister alive after frantic Amber Alert
- DeSantis calls for state of emergency amid flooding in South Florida: See photos
- Family of bystander killed during Minneapolis police pursuit files lawsuit against the city
- Intellectuals vs. The Internet
- Woman wins 2 lottery prizes in months, takes home $300,000
- What we know about the lawsuit filed by the last survivors of the 1921 Tulsa Race Massacre
- What does each beach flag color mean? A guide to the warning system amid severe weather and shark attacks
Recommendation
Why members of two of EPA's influential science advisory committees were let go
Minnesota man who joined Islamic State group is sentenced to 10 years in prison
Houston city leaders approve $1 billion bond deal to cover back pay for firefighters
Pride 2024: Why we don't have a month dedicated to heterosexuality
Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
Louisville police major lodged the mishandled complaint leading to chief’s suspension, attorney says
Senate voting on IVF package amid Democrats' reproductive rights push
Tesla shareholders approve $46 billion pay package for CEO Elon Musk