GM to retreat from robotaxi operations once championed by CEO Mary Barra

Q: How long will it take to read this news story?

The story "GM to retreat from robotaxi operations once championed by CEO Mary Barra" has 1160 words across 44 sentences, which will take approximately 5 - 10 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "GM to retreat from robotaxi operations once championed by CEO Mary Barra" was covered 10 hours ago by Business Standard, a news publisher based in India.

Q: How trustworthy is 'Business Standard' news outlet?

Business Standard is a fully independent (privately-owned) news outlet established in 1975 that covers mostly business and finance news. The outlet is headquartered in India and publishes an average of 305 news stories per day. It's most recent story was published 3 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #24359053</li><li>URL: https://beamstart.com/news/gm-to-retreat-from-robotaxi-17339406008366</li></ul>

Business Standard Logo Business Standard 10h ago

GM to retreat from robotaxi operations once championed by CEO Mary Barra - Business Standard

Quick Summary:

GM is pulling back just as Waymo expands into more cities and Tesla Inc.plans to start its robotaxi business in 2026.

Now she is shutting down the business, citing the high costs to develop the technology and build out a fleet of cars in multiple cities, retreating from a once-promising market that proved full of reputational pitfalls for the automaker.

If Waymo and Tesla are able to stand up profitable robotaxi businesses, GM could end up looking back on Cruise as a missed opportunity the same way it now views the EV1 electric car.