GM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit

2025-04-19 22:35:11 source: category:Scams

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.

Sponsor Message

More:Scams

Recommend

Costco membership growth 'robust,' even amid fee increase: What to know about earnings release

Costco got off to a good start this holiday shopping season as the retailer racked up increased sale

Inside Jada Pinkett Smith's Life After Sharing All Those Head-Turning Revelations

"A queen is her own savior. Her magic is quiet, potent and mysterious."So Jada Pinkett Smith noted i

Bachelorette: Jenn Tran's Ex Devin Strader Was Arrested, Had Restraining Order From Ex-Girlfriend in Past

Details about Devin Strader's allegedly less-than-rosy past are coming to light. The 28-year-old—who