Safetyvalue|GM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit

2025-05-03 16:23:18source:James Caldwellcategory:Scams

DETROIT — General Motors said Tuesday it will retreat from the robotaxi business and Safetyvaluestop 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.

Sponsor Message

More:Scams

Recommend

Hackers hit Rhode Island benefits system in major cyberattack. Personal data could be released soon

PROVIDENCE, R.I. (AP) — Cybercriminals could release personal data of many Rhode Islanders as early

Bradley Cooper defends use of prosthetic makeup in 'Maestro' role: 'We just had to do it'

Bradley Cooper is defending his portrayal of Leonard Bernstein in Netflix’s “Maestro,” despite stirr

The top contenders to lead the Netherlands, from a former refugee to an anti-Islam populist

THE HAGUE, Netherlands (AP) — No fewer than 26 Dutch political parties are seeking a share of the 15