Current:Home > StocksGM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit -DollarDynamic
GM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit
Charles Langston View
Date:2025-04-08 21:40:06
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! (93873)
Related
- Juan Soto praise of Mets' future a tough sight for Yankees, but World Series goal remains
- Northern Lights to Be Visible Across Parts of U.S.: Where to See “Very Rare” Aurora Borealis Show
- Pitching chaos? No, Detroit Tigers delivering playoff chaos in ALDS
- BrucePac recalls nearly 10 million pounds of ready-to-eat meat, poultry products for listeria
- Mets have visions of grandeur, and a dynasty, with Juan Soto as major catalyst
- US jobless claims jump to 258,000, the most in more than a year. Analysts point to Hurricane Helene
- US inflation likely cooled again last month in latest sign of a healthy economy
- Ali Wong Tries to Set Up Hoda Kotb and Eric André on Date
- Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
- Advocates in Georgia face barriers getting people who were formerly incarcerated to vote
Ranking
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- Justin Timberlake cancels show in New Jersey after suffering unknown injury
- Rafael Nadal Tearfully Announces His Retirement From Tennis
- 'Super/Man' Christopher Reeve's kids on his tragic accident's 'silver lining'
- Realtor group picks top 10 housing hot spots for 2025: Did your city make the list?
- Dogs fatally attack a man behind a building in New York
- The Daily Money: Revisiting California's $20 minimum wage
- Florida power outage map: 3 million Floridians without power following Hurricane Milton
Recommendation
Meta releases AI model to enhance Metaverse experience
You’ll Burn for Bridgerton Star Nicola Coughlan’s Update on Season 4
US inflation likely cooled again last month in latest sign of a healthy economy
Airheads 'treats feet' with new cherry scented foot spray ahead of Halloween
Tom Holland's New Venture Revealed
Save $160 on Beats x Kim Kardashian Headphones—Limited Stock for Prime Day
Anderson Cooper Hit in the Head With Flying Debris Live on Air While Covering Hurricane Milton
Opinion: Aaron Rodgers has made it hard to believe anything he says