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

GM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit
DETROIT — General Motors said Tuesday it will retreat from the robotaxi business and stop funding its money-losing Cruise autonomous vehicle unit.
Instead the Detroit automaker will focus on development of partially automated driver-assist systems like its Super Cruise, which allows drivers to take their hands off the steering wheel.
MORE: Cruise to pay $500K fine for lying about robotaxi dragging woman in 2023 SF crash
GM said it would get out of robotaxis

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