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Since then, GM has spent more than $10 billion on the company in a bid to commercialize autonomous vehicle technology via a robotaxi business. GM said in a statement that “the considerable time ...

General Motors Co. has bailed on its Cruise robotaxis, citing the amount of time and resources needed to scale the business and an “increasingly competitive” market for autonomous vehicles.

SAN FRANCISCO, Dec 11 (Reuters) - General Motors' (GM.N), opens new tab decision to pull the plug on its troubled Cruise robotaxi business highlights the harsh reality facing others still in the ...

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 ...

GM is dropping robotaxi efforts “given the considerable time and resources that would be needed to scale the business, along with an increasingly competitive robotaxi market,” the company said ...

“This is the latest in a series of decisions that GM has announced that underscore our focus on having the right technology for the future of our company and the industry,” Mary ...

The company made the announcement late Tuesday afternoon, with GM spokesman Kevin Kelly telling the Detroit Free Press that GM sees a better business opportunity with personal vehicle autonomy ...

The decision to instead focus on providing autonomous technology in personal vehicles followed a year of GM trying to refocus and relaunch Cruise after an October 2023 pedestrian crash opened up ...