Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag GM ends funding for autonomous vehicle unit Cruise, shifting focus to driver-assist technologies.

flag General Motors (GM) announced it will stop funding its Cruise autonomous vehicle unit and exit the robotaxi business, instead focusing on developing driver-assist systems for personal vehicles. flag GM invested billions into Cruise since acquiring it in 2016, but faced substantial losses and regulatory challenges, including a 2023 accident. flag The restructuring aims to cut spending by over $1 billion annually, while Cruise will retain its San Francisco base. flag Other companies like Waymo and Tesla continue to advance in autonomous vehicle development.

148 Articles