"GM is committed to delivering the best driving experiences to our customers in a disciplined and capital efficient manner," said Mary Barra, chair and CEO of GM. "Cruise has been an early innovator in autonomy, and the deeper integration of our teams, paired with GM's strong brands, scale, and manufacturing strength, will help advance our vision for the future of transportation."
After several years, GM has accepted the inevitable: Given the costs, there's no way to build a profitable robotaxi business. This year, GM will have spent around $2 billion on Cruise.
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