Current：Home > StocksGM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit -MarketStream
GM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit
View
Date：2025-04-16 20:19:04
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！ (8987)
Related
- The Super Bowl could end in a 'three
- Hop on Over to Old Navy, Where You Can Score 50% off During Their Easter Sale, With Deals Starting at $10
- 11-year-old killed in snowmobile crash in northern Maine
- Robert F. Kennedy Jr. is expected to announce his VP pick for his independent White House bid
- Don't let hackers fool you with a 'scam
- California Man Arrested After Allegedly Eating Leg of Person Killed by Train
- NFL approves significant changes to kickoffs, hoping for more returns and better safety
- Jake Paul, Mike Tyson take their fight to social media ahead of Netflix bout
- Juan Soto praise of Mets' future a tough sight for Yankees, but World Series goal remains
- U.N. Security Council passes resolution demanding immediate Hamas-Israel war cease-fire, release of hostages
Ranking
- Google unveils a quantum chip. Could it help unlock the universe's deepest secrets?
- Influencer Jackie Miller James Shares Aphasia Diagnosis 10 Months After Aneurysm Rupture
- Pickup truck driver charged for role in crash that left tractor-trailer dangling from bridge
- Youngkin acts on gun bills, vetoing dozens as expected, amending six and signing two pairs
- John Galliano out at Maison Margiela, capping year of fashion designer musical chairs
- Krispy Kreme doughnuts coming to McDonald's locations nationwide by the end of 2026
- How to watch surprise 5th episode of 'Quiet on Set' featuring Drake Bell and other stars
- DMV outage reported nationwide, warnings sent to drivers with scheduled appointments
Recommendation
Sonya Massey's father decries possible release of former deputy charged with her death
Cook up a Storm With Sur La Table’s Unbelievable Cookware Sale: Shop Le, Creuset, Staub, All-Clad & More
‘Heroes’ scrambled to stop traffic before Baltimore bridge collapsed; construction crew feared dead
Meta ban on Arabic word used to praise violence limits free speech, Oversight Board says
Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
When does 'American Horror Story: Delicate' Part 2 come out? How to watch new episodes
What Lamar Odom Would Say to Ex Khloe Kardashian Today
Missouri attorney general is accused of racial bias for pinning a student fight on diversity program