Current:Home > FinanceGM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit -Wealth Axis Pro
GM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit
View
Date:2025-04-15 20:22:25
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! (544)
Related
- Trump wants to turn the clock on daylight saving time
- Woman seeks to drop sexual assault lawsuit against ex-Grammys CEO
- An AP photographer covers the migrant crisis at the border with sensitivity and compassion
- I Shop Every SKIMS Drop, I Predict These Styles Will Sell Out ASAP
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- Missouri’s GOP Gov. Mike Parson signs law expanding voucher-like K-12 scholarships
- Jelly Roll completes 5K after 70-pound weight loss: 'Really emotional'
- Kim Kardashian’s “Broken Doll” Corset Outfit Is Even More Polarizing Than Met Gala Look
- Most popular books of the week: See what topped USA TODAY's bestselling books list
- Ukraine says Russian plot to assassinate President Volodymyr Zelenskyy thwarted
Ranking
- Intel's stock did something it hasn't done since 2022
- Israel reopens key Kerem Shalom crossing into Gaza but vital Rafah crossing still closed
- What will Utah’s NHL team be called? Here are 20 options
- Retired pro wrestler who ran twice for Congress pleads not guilty in Las Vegas murder case
- Nearly half of US teens are online ‘constantly,’ Pew report finds
- Maryland governor signs bill to rebuild Pimlico, home of the Preakness Stakes
- Willy Adames calls his shot in Brewers' ninth-inning comeback vs. Royals
- Drake's security guard injured in shooting outside rapper's Toronto home, police say
Recommendation
Civic engagement nonprofits say democracy needs support in between big elections. Do funders agree?
World Food Prize goes to 2 who helped protect vital seeds in an Arctic Circle vault
How much are Mike Tyson vs. Jake Paul tickets? Some seats listed for $8K apiece
Pennsylvania sees fewer mail ballots rejected for technicalities, a priority for election officials
South Korea's acting president moves to reassure allies, calm markets after Yoon impeachment
Alabama schedules second execution by nitrogen gas
Karl-Anthony Towns of the Timberwolves receives the NBA’s social justice award
ASU scholar put on leave after video of him confronting woman wearing hijab goes viral