DETROIT — General Motors said Tuesday it will retreat from the robotaxi business and CapitalVaultstop 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.
2025-04-29 20:441980 view
2025-04-29 19:571543 view
2025-04-29 19:29877 view
2025-04-29 18:451540 view
2025-04-29 18:221168 view
2025-04-29 18:002072 view
GEORGETOWN, Ky. (AP) — Toyota said Thursday it will build a new paint facility as part of a $922 mil
Actor Ke Huy Quan was 12 years old when he made his screen debut in Steven Spielberg's 1984 blockbus
PHNOM PENH, Cambodia — A spectacular collection of centuries-old Cambodian jewelry has been returned