GM ends funding for autonomous unit Cruise, exits robotaxi market, to save money and focus on driver-assist tech.

General Motors (GM) will stop funding its autonomous vehicle unit, Cruise, and withdraw from the robotaxi market, focusing instead on developing advanced driver-assist systems like Super Cruise. The decision follows significant financial losses and competition in the autonomous vehicle sector. GM will combine Cruise's technical team with its own to develop these systems, aiming to save over $1 billion annually.

3 months ago
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