Current：Home > MarketsGM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit -Ascend Finance Compass
GM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit
View
Date：2025-04-15 15:21:38
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！ (5)
Related
- Sarah J. Maas books explained: How to read 'ACOTAR,' 'Throne of Glass' in order.
- Daniel Radcliffe Reveals Sex of His and Erin Darke’s First Baby
- Hurry to Charlotte Tilbury's Massive Summer Sale for 40% Off Deals on Pillow Talk, Flawless Filter & More
- Steve Irwin's Son Robert Irwin and Heath Ledger's Niece Rorie Buckey Made Red Carpet Debut
- $73.5M beach replenishment project starts in January at Jersey Shore
- Steve Irwin's Son Robert Irwin and Heath Ledger's Niece Rorie Buckey Made Red Carpet Debut
- Is Burying Power Lines Fire-Prevention Magic, or Magical Thinking?
- Light a Sparkler for These Stars Who Got Married on the 4th of July
- Gen. Mark Milley's security detail and security clearance revoked, Pentagon says
- In the Philippines, a Landmark Finding Moves Fossil Fuel Companies’ Climate Liability into the Realm of Human Rights
Ranking
- All That You Wanted to Know About She’s All That
- Tory Burch 4th of July Deals: Save 70% On Bags, Shoes, Jewelry, and More
- An Unprecedented Heat Wave in India and Pakistan Is Putting the Lives of More Than a Billion People at Risk
- An EPA proposal to (almost) eliminate climate pollution from power plants
- The FTC says 'gamified' online job scams by WhatsApp and text on the rise. What to know.
- Pamper Yourself With the Top 18 Trending Beauty Products on Amazon Right Now
- CNN's town hall with Donald Trump takes on added stakes after verdict in Carroll case
- Analysis: Fashion Industry Efforts to Verify Sustainability Make ‘Greenwashing’ Easier
Recommendation
Nearly 400 USAID contract employees laid off in wake of Trump's 'stop work' order
Indian Court Rules That Nature Has Legal Status on Par With Humans—and That Humans Are Required to Protect It
The debt ceiling deadline, German economy, and happy workers
Lack of Loggers Is Hobbling Arizona Forest-Thinning Projects That Could Have Slowed This Year’s Devastating Wildfires
John Galliano out at Maison Margiela, capping year of fashion designer musical chairs
Game of Thrones' Kit Harington and Rose Leslie Welcome Baby No. 2
NBC's late night talk show staff get pay and benefits during writers strike
Climate Change Remains a Partisan Issue in Georgia Elections