It’s the end of the road for General Motors’ Cruise robotaxi program. GM said Tuesday, Dec. 10, it plans to “realign its autonomous driving strategy” to focus on advanced driver assistance systems for use in personal vehicles.
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This comes a year after GM grounded its fleet of driverless vehicles after an accident in California that led to Cruise being fined $1.5 million.
GM, which owns about 90% of Cruise, said it intends to buy the remainder of the company and will combine GM and Cruise technical teams. GM cited an “increasingly competitive robotaxi market” as one reason it will no longer fund the business.
Cruise founder Kyle Vogt, who left the company in 2023, reacted to the news on X saying, “In case it was unclear before, it is clear now: GM are a bunch of dummies.”
FINALLY THIS MORNING – IT’S THE END OF THE ROAD FOR GENERAL MOTORS’ CRUISE ROBOTAXI PROGRAM.
GM SAYING TUESDAY IT PLANS TO “REALIGN ITS AUTONOMOUS DRIVING STRATEGY” TO FOCUS ON ADVANCED DRIVER ASSISTANCE SYSTEMS FOR USE IN PERSONAL VEHICLES.
THIS COMES A YEAR AFTER GM GROUNDED ITS FLEET OF DRIVERLESS VEHICLES AFTER AN ACCIDENT IN CALIFORNIA AND CRUISE BEING FINED ONE-AND-A-HALF MILLION DOLLARS.
GM – WHICH OWNS ABOUT 90 PERCENT OF CRUISE – SAYS IT INTENDS TO BUY THE REMAINDER OF THE COMPANY – AND WILL COMBINE GM AND CRUISE TECHNICAL TEAMS.
GM CITES AN “INCREASINGLY COMPETITIVE ROBOTAXI MARKET” AS ONE REASON IT WILL NO LONGER FUND THE BUSINESS.
KYLE VOGT – THE FOUNDER OF CRUISE – WHO LEFT THE COMPANY IN 20-23 – REACTED TO THE NEWS ON X SAYING QUOTE “IN CASE IT WAS UNCLEAR BEFORE, IT IS CLEAR NOW: GM ARE A BUNCH OF DUMMIES.” END QUOTE.
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