Current:Home > reviewsGM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit -EquityExchange
GM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit
View
Date:2025-04-14 19:33:12
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! (81857)
Related
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- Bird flu risk prompts warnings against raw milk, unpasteurized dairy products
- Fed likely to hint interest rates will stay higher for longer. But how high for how long?
- Mexican officials regret US decision not to retry American rancher in fatal shooting of Mexican man
- Meet the volunteers risking their lives to deliver Christmas gifts to children in Haiti
- Japan Airlines flight canceled after captain got drunk and became disorderly at Dallas hotel
- Tony Awards 2024: Alicia Keys' 'Hell's Kitchen,' 'Stereophonic' lead with 13 nominations
- Barbra Streisand Clarifies Why She Asked Melissa McCarthy About Ozempic
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- Mexican officials regret US decision not to retry American rancher in fatal shooting of Mexican man
Ranking
- Military service academies see drop in reported sexual assaults after alarming surge
- Arkansas’ elimination of ‘X’ for sex on driver’s licenses spurs lawsuit
- FCC fines wireless carriers for sharing user locations without consent
- Man accused of kicking bison in alcohol-related incident, Yellowstone Park says
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- Man accused of kicking bison in alcohol-related incident, Yellowstone Park says
- Kim Kardashian and Odell Beckham Jr. Break Up 7 Months After Sparking Romance Rumors
- The Best White Dresses For Every Occasion
Recommendation
Meet the volunteers risking their lives to deliver Christmas gifts to children in Haiti
Biden administration details how producers of sustainable aviation fuel will get tax credits
Los Angeles Lakers eliminated from playoffs by Denver Nuggets. Where does LA go from here?
What marijuana reclassification means for the United States
Most popular books of the week: See what topped USA TODAY's bestselling books list
Organic bulk walnuts sold in natural food stores tied to dangerous E. coli outbreak
Dear E!, How Do I Mature My Style? Here Are the Best Ways To Transform Your Closet & New Adult-Like Fits
Prosecutors say they will not retry George Alan Kelly, Arizona rancher accused of murder near the US-Mexico border