Current：Home > StocksGM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit -ForexStream
GM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit
View
Date：2025-04-16 15:31:16
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！ (813)
Related
- New data highlights 'achievement gap' for students in the US
- Dylan Crews being called up to MLB by Washington Nationals, per reports
- Rumer Willis Reveals She and Derek Richard Thomas Broke Up One Year After Welcoming Baby Louetta
- Texas chief who called Uvalde response ‘abject failure’ but defended his state police is retiring
- Opinion: Gianni Infantino, FIFA sell souls and 2034 World Cup for Saudi Arabia's billions
- Oklahoma teachers were told to use the Bible. There’s resistance from schools as students return
- Competing measures to expand or limit abortion rights will appear on Nebraska’s November ballot
- You'll Flip for Shawn Johnson and Andrew East's 2024 Olympics Photo Diary
- What do we know about the mysterious drones reported flying over New Jersey?
- Tony Vitello lands record contract after leading Tennessee baseball to national title
Ranking
- Rolling Loud 2024: Lineup, how to stream the world's largest hip hop music festival
- Conflicting federal policies may cost residents more on flood insurance, and leave them at risk
- Takeaways from Fed Chair Powell’s speech at Jackson Hole
- Logan Paul Addresses Accusation He Pushed Dog Off Boat in Resurfaced Video
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- Anesthesiologist with ‘chloroform fetish’ admits to drugging, sexually abusing family’s nanny
- Christine Quinn Seemingly Shades Ex Christian Dumontet With Scathing Message Amid Divorce
- Judge declines to order New York to include ‘abortion’ in description of ballot measure
Recommendation
The FBI should have done more to collect intelligence before the Capitol riot, watchdog finds
A girl sleeping in her bed is fatally struck when shots are fired at 3 homes in Ohio
Both sides argue for resolution of verdict dispute in New Hampshire youth center abuse case
Takeaways from Fed Chair Powell’s speech at Jackson Hole
Google unveils a quantum chip. Could it help unlock the universe's deepest secrets?
Unusually early cold storm could dust California’s Sierra Nevada peaks with rare August snow
Canadian arbitrator orders employees at 2 major railroads back to work so both can resume operating
Danny Jansen to make MLB history by playing for both Red Sox and Blue Jays in same game