https://www.bloomberg.com/news/articles/2024-12-10/gm-to-wind-down-robotaxi-operations-once-championed-by-ceo-barra

Skip to content
Bloomberg the Company & Its ProductsThe Company & its Products
Bloomberg Terminal Demo RequestBloomberg Anywhere Remote Login
Bloomberg Anywhere LoginBloomberg Customer SupportCustomer Support

  * Bloomberg

    Connecting decision makers to a dynamic network of information,
    people and ideas, Bloomberg quickly and accurately delivers
    business and financial information, news and insight around the
    world

    For Customers

      + Bloomberg Anywhere Remote Login
      + Software Updates
      + Manage Products and Account Information

    Support

    Americas+1 212 318 2000

    EMEA+44 20 7330 7500

    Asia Pacific+65 6212 1000

  * Company

      + About
      + Careers
      + Diversity and Inclusion
      + Tech At Bloomberg
      + Philanthropy
      + Sustainability
      + Bloomberg London
      + Bloomberg Beta

    Communications

      + Press Announcements
      + Press Contacts

    Follow

      + Facebook
      + Instagram
      + LinkedIn
      + Twitter
      + YouTube
  * Products

      + Bloomberg Terminal
      + Data
      + Trading
      + Risk
      + Compliance
      + Indices

    Industry Products

      + Bloomberg Law
      + Bloomberg Tax
      + Bloomberg Government
      + BloombergNEF
  * Media

      + Bloomberg Markets
      + Bloomberg Technology
      + Bloomberg Pursuits
      + Bloomberg Politics
      + Bloomberg Opinion
      + Bloomberg Businessweek
      + Bloomberg Live Conferences
      + Bloomberg Radio
      + Bloomberg Television
      + News Bureaus

    Media Services

      + Bloomberg Media Distribution
      + Advertising

  * Company

      + About
      + Careers
      + Diversity and Inclusion
      + Tech At Bloomberg
      + Philanthropy
      + Sustainability
      + Bloomberg London
      + Bloomberg Beta

    Communications

      + Press Announcements
      + Press Contacts

    Follow

      + Facebook
      + Instagram
      + LinkedIn
      + Twitter
      + YouTube
  * Products

      + Bloomberg Terminal
      + Data
      + Trading
      + Risk
      + Compliance
      + Indices

    Industry Products

      + Bloomberg Law
      + Bloomberg Tax
      + Bloomberg Government
      + Bloomberg Environment
      + BloombergNEF
  * Media

      + Bloomberg Markets
      + Bloomberg
        Technology
      + Bloomberg Pursuits
      + Bloomberg Politics
      + Bloomberg Opinion
      + Bloomberg
        Businessweek
      + Bloomberg Live Conferences
      + Bloomberg Radio
      + Bloomberg Television
      + News Bureaus

    Media Services

      + Bloomberg Media Distribution
      + Advertising
  * Bloomberg

    Connecting decision makers to a dynamic network of information,
    people and ideas, Bloomberg quickly and accurately delivers
    business and financial information, news and insight around the
    world

    For Customers

      + Bloomberg Anywhere Remote Login
      + Software Updates
      + Manage Contracts and Orders

    Support

    Americas+1 212 318 2000

    EMEA+44 20 7330 7500

    Asia Pacific+65 6212 1000

 
Sign InSubscribe
Live TV

  * Markets
  * Economics
  * Industries
  * Tech
  * Politics
  * Businessweek
  * Opinion
  * More

US Edition
 
Subscribe

Self-Driving Cars:

GM to Wind Down Cruise
GM's Robotaxi Mess
Case for (and Against) Robotaxis
Self-Driving Cars Are Going Nowhere
Waymo's Robotaxi Rollout
BackForward
Industries
Transportation

GM to Wind Down Robotaxi Operations Championed by CEO Barra

  * Automaker cites growing competition, costs to scale business
  * Cruise faced regulatory crackdown after pedestrian accident

A Cruise vehicle in San Francisco.
A Cruise vehicle in San Francisco.Photographer: David Paul Morris/
Bloomberg
Gift this article
Share feedback
 
Have a confidential tip for our reporters? Get in Touch
 
Before it's here, it's on the Bloomberg Terminal
LEARN MORE
By David Welch
December 10, 2024 at 4:08 PM EST
Updated on
December 10, 2024 at 4:49 PM EST
Save

General Motors Co.'s Cruise self-driving car unit will exit the
robotaxi business, a retreat from a market that proved costly and
full of reputational pitfalls for the automaker.

Cruise and GM's technical teams will be combined into a single effort
focused on developing autonomous and advanced driver safety
technology for future models sold by GM, according to a statement
Tuesday. GM said it will no longer fund robotaxi development work
"given the considerable time and resources that would be needed to
scale the business, along with an increasingly competitive robotaxi
market."

 
Have a confidential tip for our reporters? Get in Touch
 
Before it's here, it's on the Bloomberg Terminal
LEARN MORE
 
HomeBTV+Market DataOpinionAudioOriginalsMagazineEvents
News
MarketsEconomicsTechnologyPoliticsGreenCryptoAI
Work & Life
WealthPursuitsBusinessweekCityLabEqualityPursuitsWork Shift
Market Data
StocksCommoditiesRates & BondsCurrenciesFuturesSectorsEconomic
Calendar
Explore
NewslettersExplainersThe Big TakeGraphicsSubmit a TipAbout Us
Terms of ServiceDo Not Sell or Share My Personal Information
TrademarksPrivacy Policy
CareersMade in NYCAdvertise
Ad Choices
Help(c)2024 Bloomberg L.P. All Rights Reserved.