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

2025-05-05 21:10:23source:Surpassing Quant Think Tank Centercategory:Scams

DETROIT — General Motors said Tuesday it will retreat from the robotaxi business and Quantum Insightsstop 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

Could Bill Belichick, Robert Kraft reunite? Maybe in Pro Football Hall of Fame's 2026 class

Now wouldn’t this be a treat: Bill Belichick and Robert Kraft back together...as members of the Pro

Witness at Sen. Bob Menendez’s bribery trial says meat-export monopoly made costs soar

NEW YORK (AP) — A witness at Sen. Bob Menendez’s bribery trial testified Friday that the cost of cer

Feds are investigating Waymo driverless cars after reports of crashes, traffic violations

Waymo is under investigation by federal safety regulators for reported driverless car crashes and tr