Coverage dated December 9, 2024 to December 10, 2024
GM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit
Headline from Delaware Public Media
The 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.
Delaware Public Media's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
The 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.
General Motors says it will move away from the robotaxi business and cease funding its money-losing Cruise autonomous vehicle division that originated as a San Francisco start-up.
General Motors said on Tuesday it will no longer individually fund its Cruise autonomous robotaxi division, instead folding it into its broader tech team.
General Motors said Tuesday it will stop funding and exit robotaxi development at its majority-owned Cruise business, a blow to the automaker that had made the advanced technology unit a top priority.
General Motors (GM) said Tuesday that it will no longer fund the development of robotaxis and instead focus on creating fully autonomous personal vehicles. Cruise, GM’s self-driving car subsidiary, will be combined with the automaker’s own team to form a single unit focused on autonomous driving.
General Motors said it was abandoning its Cruise driverless ride-hailing service due to its high costs and the scale needed in an increasingly competitive market.
General Motors has announced that it will no longer fund the development of its Cruise division's robotaxi service, citing increasing competition, capital allocation priorities, and the significant time and resources required to grow the business.
DETROIT (AP) — General Motors said Tuesday it will retreat from the robotaxi business and stop funding its money-losing Cruise autonomous vehicle unit.Instead the Detroit
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GM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit | Since Then
