Current：Home > FinanceGM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit -Blueprint Money Mastery
GM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit
SafeX Pro Exchange View
Date：2025-04-06 14:30:14
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！ (3)
Related
- Small twin
- It's about to be Red Cup Day at Starbucks. When is it and how to get the free coffee swag?
- Lunchables get early dismissal: Kraft Heinz pulls the iconic snack from school lunches
- Amazon launches an online discount storefront to better compete with Shein and Temu
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- Prosecutor failed to show that Musk’s $1M-a-day sweepstakes was an illegal lottery, judge says
- Secret Service Agent Allegedly Took Ex to Barack Obama’s Beach House
- Vogue Model Dynus Saxon Charged With Murder After Stabbing Attack
- How to watch the 'Blue Bloods' Season 14 finale: Final episode premiere date, cast
- NBPA reaches Kyle Singler’s family after cryptic Instagram video draws concern
Ranking
- Where will Elmo go? HBO moves away from 'Sesame Street'
- Judge sets date for 9/11 defendants to enter pleas, deepening battle over court’s independence
- Republican Rep. Juan Ciscomani wins reelection to Arizona US House seat
- Black women notch historic Senate wins in an election year defined by potential firsts
- 'Squid Game' without subtitles? Duolingo, Netflix encourage fans to learn Korean
- What do nails have to say about your health? Experts answer your FAQs.
- GreenBox Systems will spend $144 million to build an automated warehouse in Georgia
- Black women notch historic Senate wins in an election year defined by potential firsts
Recommendation
Charges tied to China weigh on GM in Q4, but profit and revenue top expectations
California man allegedly shot couple and set their bodies, Teslas on fire in desert
Mike Tomlin's widely questioned QB switch to Russell Wilson has quieted Steelers' critics
NBPA reaches Kyle Singler’s family after cryptic Instagram video draws concern
Appeals court scraps Nasdaq boardroom diversity rules in latest DEI setback
Flurry of contract deals come as railroads, unions see Trump’s election looming over talks
California teen pleads guilty in Florida to making hundreds of ‘swatting’ calls across the US
Secret Service Agent Allegedly Took Ex to Barack Obama’s Beach House