SafeX Pro Exchange-GM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit

2025-04-30 09:32:03source:Henri Lumièrecategory:Contact

DETROIT — General Motors said Tuesday it will retreat from the robotaxi business and SafeX Pro Exchangestop 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:Contact

Recommend

Toyota to invest $922 million to build a new paint facility at its Kentucky complex

GEORGETOWN, Ky. (AP) — Toyota said Thursday it will build a new paint facility as part of a $922 mil

Why Nia Long Says Breakup From Ime Udoka Was a Wakeup Call for Her After Cheating Scandal

Nia Long is reflecting on her split from ex-fiancé Ime Udoka.One year after the Boyz n the Hood actr

Next Met Gala theme unveiled: the ‘sleeping beauties’ of fashion

NEW YORK (AP) — It may be time to get out those fairytale ballgowns. The theme of the next Met Gala