Current：Home > MarketsGM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit -Secure Growth Solutions
GM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit
View
Date：2025-04-19 02:17:47
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！ (6)
Related
- Federal hiring is about to get the Trump treatment
- You're never too young: Tax season is here and your kids may owe money to the IRS.
- Donna Kelce offers tips for hosting a Super Bowl party: 'I don't want to be in the kitchen'
- Polish leader says US Republican senators should be ashamed for scuttling Ukrainian aid
- The city of Chicago is ordered to pay nearly $80M for a police chase that killed a 10
- Disney posts solid Q1 results thanks to its theme parks and cost cuts
- Alicia Keys, Swizz Beatz's coveted art collection goes on display at NYC museum: See a sneak peek
- The game. The ads. The music. The puppies. Here’s why millions are excited for Super Bowl Sunday
- Tree trimmer dead after getting caught in wood chipper at Florida town hall
- First Asian American to lead Los Angeles Police Department is appointed interim chief
Ranking
- Paige Bueckers vs. Hannah Hidalgo highlights women's basketball games to watch
- What’s next for Jennifer and James Crumbley, the parents of the Michigan school shooter?
- Fire in Pennsylvania duplex kills 3; cause under investigation
- Former Ohio sheriff’s deputy charged with murder testifies that the man he shot brandished gun
- 'Squid Game' without subtitles? Duolingo, Netflix encourage fans to learn Korean
- Countdown begins for April’s total solar eclipse. What to know about watch parties and safe viewing
- A listener’s guide to Supreme Court arguments over Trump and the ballot
- The Daily Money: Am I going on a Boeing?
Recommendation
Jamie Foxx gets stitches after a glass is thrown at him during dinner in Beverly Hills
Sports streaming deal with ESPN, Fox and Warner Bros. Discovery: What it means for viewers
New York Community Bancorp tries to reassure investors, but its stock falls again
Gov. Lamont gives upbeat assessment of Connecticut as pro-Palestinian protesters disrupt opening day
'Malcolm in the Middle’ to return with new episodes featuring Frankie Muniz
Minnesota and Eli Lilly settle insulin price-gouging lawsuit. Deal will hold costs to $35 a month
Question marks over China's economy have stocks on a long downward slide
Studies cited in case over abortion pill are retracted due to flaws and conflicts of interest