Current:Home > reviewsPredictIQ Quantitative Think Tank Center:GM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit -AssetLink
PredictIQ Quantitative Think Tank Center:GM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit
Surpassing Quant Think Tank Center View
Date:2025-04-09 13:34:14
DETROIT — General Motors said Tuesday it will retreat from the robotaxi business and PredictIQ Quantitative Think Tank Centerstop 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! (295)
Related
- Bodycam footage shows high
- Margot Robbie reflects on impact of 'Barbie,' Oscars snubs: 'There's no way to feel sad'
- A beheading video was on YouTube for hours, raising questions about why it wasn’t taken down sooner
- Stock market today: Asian stocks are mixed after Wall Street slips to its worst loss in 4 months
- How breaking emerged from battles in the burning Bronx to the Paris Olympics stage
- Deadly school bus crash in Ohio yields new safety features and training — but no seat belt mandate
- South Dakota man charged in 2013 death of girlfriend takes plea offer, avoiding murder charge
- Nebraska lawmaker behind school choice law targets the process that could repeal it
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Hi Hi!
- CosMc's spinoff location outpaces traditional McDonald's visits by double in first month
Ranking
- Mega Millions winning numbers for August 6 drawing: Jackpot climbs to $398 million
- A Tennessee lawmaker helped pass a strict abortion law. He's now trying to loosen it
- Georgia district attorney prosecuting Trump has been subpoenaed over claims of improper relationship
- U.K. mulls recognizing a Palestinian state to advance two-state solution, defuse Israel-Hamas war
- Blake Lively’s Inner Circle Shares Rare Insight on Her Life as a Mom to 4 Kids
- Pro Bowl Games 2024: Flag football and skills schedule, how to watch, AFC and NFC rosters
- 'That '70s Show' actor Danny Masterson moved to maximum security prison that once held Charles Manson
- NBA stars serious about joining US men's basketball team for 2024 Paris Olympics
Recommendation
Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
UK judge dismisses Trump’s lawsuit over dossier containing ‘shocking and scandalous claims’
First of back-to-back atmospheric rivers pushes into California. Officials urge storm preparations
Federal judge dismisses case seeking to force US to pressure Israel to stop bombing Gaza
House passes bill to add 66 new federal judgeships, but prospects murky after Biden veto threat
Japanese flight controllers re-establish contact with tipped-over SLIM moon lander
West Virginia construction firm to buy bankrupt college campus
Alec Baldwin pleads not guilty to involuntary manslaughter in 'Rust' shooting case