Current:Home > MarketsGM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit -FutureWise Finance
GM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit
Algosensey View
Date:2025-04-08 23:53:52
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! (22)
Related
- Trump issues order to ban transgender troops from serving openly in the military
- Wehrum Resigns from EPA, Leaving Climate Rule Rollbacks in His Wake
- How Muggy Is It? Check The Dew Point!
- Judge temporarily blocks Florida ban on trans minor care, saying gender identity is real
- Federal court filings allege official committed perjury in lawsuit tied to Louisiana grain terminal
- The top White House monkeypox doc takes stock of the outbreak — and what's next
- Today’s Climate: June 17, 2010
- Anti-abortion groups are getting more calls for help with unplanned pregnancies
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- Pregnant Bachelor Nation Star Becca Kufrin Reveals Sex of First Baby With Fiancé Thomas Jacobs
Ranking
- Finally, good retirement news! Southwest pilots' plan is a bright spot, experts say
- Cardi B and Offset's Kids Kulture and Wave Look So Grown Up in New Family Video
- City in a Swamp: Houston’s Flood Problems Are Only Getting Worse
- These $9 Kentucky Derby Glasses Sell Out Every Year, Get Yours Now While You Can
- Moving abroad can be expensive: These 5 countries will 'pay' you to move there
- Why Pregnant Serena Williams Kept Baby No. 2 a Secret From Daughter Olympia Until Met Gala Reveal
- Today’s Climate: June 19-20, 2010
- The new COVID booster could be the last you'll need for a year, federal officials say
Recommendation
A White House order claims to end 'censorship.' What does that mean?
ALS drug's approval draws cheers from patients, questions from skeptics
How to show your friends you love them, according to a friendship expert
Today’s Climate: June 25, 2010
Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
An American Beach Story: When Property Rights Clash with the Rising Sea
Maps, satellite images show Canadian wildfire smoke enveloping parts of U.S. with unhealthy air
TikToker and Dad of 3 Bobby Moudy Dead by Suicide at Age 46