General Motors Cuts Funding to Cruise, Nixing Its Robotaxi Plan

Since General Motors acquired the San Francisco self-driving-tech developer Cruise in 2016, the Detroit automaker has poured more than 8 billion into creating a robotaxi service. Now GM is turning off the spigot. On a call with investors today, General Motors CEO Mary Barra said the company would no longer invest in Cruise and its robotaxi services. Instead, GM says it will combine Cruise's efforts on autonomy with its own teams focused on driver-assistance features. Eventually, the combined team will build "personal" autonomous vehicles, the chief executive said.