Current：Home > MarketsGM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit -AssetVision
GM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit
View
Date：2025-04-18 23:03:38
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！ (87)
Related
- The Louvre will be renovated and the 'Mona Lisa' will have her own room
- Cheers Your Cosmos to the Most Fabulous Sex and the City Gift Guide
- Child labor violations are on the rise as some states look to loosen their rules
- The Home Depot says it is spending $1 billion to raise its starting wage to $15
- Trump's 'stop
- Eli Lilly cuts the price of insulin, capping drug at $35 per month out-of-pocket
- Get a Rise Out of Blake Lively, Ryan Reynolds' Visit to the Great British Bake Off Set
- Dutch Court Gives Shell Nine Years to Cut Its Carbon Emissions by 45 Percent from 2019 Levels
- Louvre will undergo expansion and restoration project, Macron says
- In a New Policy Statement, the Nation’s Physicists Toughen Their Stance on Climate Change, Stressing Its Reality and Urgency
Ranking
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- FDA approves new drug to protect babies from RSV
- Reimagining Coastal Cities as Sponges to Help Protect Them From the Ravages of Climate Change
- Girlfriend Collective's Massive Annual Sale Is Here: Shop Sporty Chic Summer Essentials for Up to 50% Off
- How to watch the 'Blue Bloods' Season 14 finale: Final episode premiere date, cast
- Herbivore Sale: The Top 15 Skincare Deals on Masks, Serums, Moisturizers, and More
- At least 3 dead in Pennsylvania flash flooding
- Say Bonjour to Selena Gomez's Photo Diary From Paris
Recommendation
Senate begins final push to expand Social Security benefits for millions of people
Family of Titanic Sub Passenger Hamish Harding Honors Remarkable Legacy After His Death
Warming Trends: Elon Musk Haggles Over Hunger, How Warming Makes Birds Smaller and Wings Longer, and Better Glitter From Nanoparticles
Do work requirements help SNAP people out of government aid?
New Zealand official reverses visa refusal for US conservative influencer Candace Owens
In a Stark Letter, and In Person, Researchers Urge World Leaders at COP26 to Finally Act on Science
The Handmaid’s Tale Star Yvonne Strahovski Is Pregnant, Expecting Baby No. 3 With Husband Tim Lode
Full transcript of Face the Nation, July 16, 2023