DETROIT — General Motors said Tuesday it will retreat from the robotaxi business and Indexbitstop 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.
2025-05-02 10:0581 view
2025-05-02 09:512111 view
2025-05-02 09:332577 view
2025-05-02 09:22230 view
2025-05-02 09:0266 view
2025-05-02 08:561692 view
The Emmy Award-winning "CBS News Sunday Morning" is broadcast on CBS Sundays beginning at 9:00 a.m.
NEW YORK (AP) — President-elect Donald Trumpwants to turn the lights out on daylight saving time.In
NEW YORK (AP) — The Biden administration has finalized a rule limiting overdraft fees banks can char