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HomeCruiseGM to stop funding troubled Cruise autonomous vehicle unit, abandoning robotaxis

GM to stop funding troubled Cruise autonomous vehicle unit, abandoning robotaxis

PIX Now afternoon edition 12-10-24 PIX Now afternoon edition 12-10-24 07:47
General Motors says it will move away from the robotaxi business and cease funding its money-losing Cruise autonomous vehicle division.
According to a press release issued Tuesday and subsequent conference call that included GM Chair and CEO Mary Barra, the Detroit automaker will instead focus on development of partially automated driver-assist systems like its Super Cruise, which allows drivers to take their hands off the steering wheel.
GM said it would get out of robotaxis

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