Current:Home > ScamsGM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit -Elevate Money Guide
GM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit
View
Date:2025-04-17 02:26:58
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! (3717)
Related
- How to watch new prequel series 'Dexter: Original Sin': Premiere date, cast, streaming
- Paris Olympics in primetime: Highlights, live updates, how to watch NBC replay tonight
- Maine launches investigation after 2 escape youth center, steal car
- Watch this driver uncover the source of a mysterious noise under her car hood
- Tom Holland's New Venture Revealed
- 'Dexter' miracle! Michael C. Hall returns from TV dead in 'Resurrection' series
- Victor Wembanyama leads France over Brazil in 2024 Paris Olympics opener
- Katie Ledecky Olympic swimming events: What she's swimming at 2024 Paris Olympics
- The FBI should have done more to collect intelligence before the Capitol riot, watchdog finds
- US boxer Jajaira Gonzalez beats French gold medalist, quiets raucous crowd
Ranking
- Tree trimmer dead after getting caught in wood chipper at Florida town hall
- US women's 4x100 free relay wins silver at Paris Olympics
- US Olympic medal count: How many medals has USA won at 2024 Paris Games?
- ‘Deadpool & Wolverine’ smashes R-rated record with $205 million debut, 8th biggest opening ever
- Current, future North Carolina governor’s challenge of power
- Feds Contradict Scientific Research, Say the Salton Sea’s Exposed Lakebed Is Not a Significant Source of Pollution for Disadvantaged Communities
- US boxer Jajaira Gonzalez beats French gold medalist, quiets raucous crowd
- Fostering a kitten? A Californian university wants to hear from you
Recommendation
North Carolina trustees approve Bill Belichick’s deal ahead of introductory news conference
Takeaways from AP’s story on inefficient tech slowing efforts to get homeless people off the streets
Thousands battle Western wildfires as smoke puts millions under air quality alerts
Three members of family gospel group The Nelons killed in Wyoming plane crash
New Zealand official reverses visa refusal for US conservative influencer Candace Owens
Team USA men's water polo team went abroad to get better. Will it show at Paris Olympics?
How U.S. Olympic women's gymnastics team shattered age stereotype: 'Simone changed that'
Paris Olympics opening ceremony: Everything you didn't see on NBC's broadcast