Current:Home > MarketsGM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit -EverVision Finance
GM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit
View
Date:2025-04-11 17:37:15
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! (6694)
Related
- Intel's stock did something it hasn't done since 2022
- Packers QB Jordan Love injured in closing seconds of loss to Eagles in Brazil
- Kelly Stafford Reveals the Toughest Part of Watching Quarterback Husband Matthew Stafford Play Football
- Wisconsin health officials recall eggs after a multistate salmonella outbreak
- Jamie Foxx reps say actor was hit in face by a glass at birthday dinner, needed stitches
- A 14-year-old boy is charged with killing 4 people at his Georgia high school. Here’s what we know
- Caitlin Clark returns to action Sunday: How to watch Indiana Fever vs. Atlanta Dream
- Ashley Tisdale Gives Birth, Welcomes Baby No. 2 With Husband Christopher French
- Appeals court scraps Nasdaq boardroom diversity rules in latest DEI setback
- Neighbor's shifting alibis lead to arrest in Mass. woman's disappearance, police say
Ranking
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- A Colorado State Patrol trooper is shot while parked along a highway and kills gunman
- Kylie Jenner and Jordyn Woods Prove Their Friendship is Strong 5 Years After Feud
- NFL Sunday Ticket price: Breaking down how much it costs, plus some discounts
- The White House is cracking down on overdraft fees
- Takeaways from Minnesota Gov. Tim Walz’s response to violence after George Floyd’s murder
- Bama Rush, step aside! 3-year-old star of 'Toddler Rush' combines cuteness and couture
- Parrots and turtles often outlive their owners. Then what happens?
Recommendation
Jamie Foxx reps say actor was hit in face by a glass at birthday dinner, needed stitches
AP Top 25: SEC grabs six of the first seven spots in rankings as Notre Dame tumbles to No. 18
Joy in Mud Bowl: Football tournament celebrates 50 years of messy fun
How to pick the best preschool or child care center for your child
San Francisco names street for Associated Press photographer who captured the iconic Iwo Jima photo
Hope for North America’s Most Endangered Bird
Lil' Kim joins Christian Siriano's NYFW front row fashionably late, mid-fashion show
YouTuber Nikocado Avocado Debuts 250-Lb. Weight Loss Transformation