Automotive and Transportation Automotive and Transportation
Mon, January 20, 2025
Sun, January 19, 2025
Sat, January 18, 2025
Fri, January 17, 2025
Thu, January 16, 2025
[ Thu, Jan 16th ] - 7NEWS
Health & Wellbeing
Wed, January 15, 2025
Tue, January 14, 2025
Mon, January 13, 2025
Sun, January 12, 2025
Sat, January 11, 2025
[ Sat, Jan 11th ] - Yahoo
Best smart plugs in 2025
Fri, January 10, 2025
Thu, January 9, 2025
Wed, January 8, 2025
Tue, January 7, 2025
Mon, January 6, 2025
Sun, January 5, 2025
[ Sun, Jan 05th ] - BBC
Football Gossip
[ Sun, Jan 05th ] - CNET
Top News Stories
Sat, January 4, 2025
Fri, January 3, 2025
Thu, January 2, 2025
Wed, January 1, 2025
Tue, December 31, 2024
Mon, December 30, 2024
Sun, December 29, 2024
Sat, December 28, 2024
Fri, December 27, 2024
Thu, December 26, 2024
[ Thu, Dec 26th 2024 ] - MSN
Parking Chaos: Tows, Tags, and Justice
Wed, December 25, 2024
Tue, December 24, 2024
Thu, December 19, 2024
[ Thu, Dec 19th 2024 ] - Newsday
Babylon, NY News & Events
[ Thu, Dec 19th 2024 ] - Science Daily
Mental Health News
Wed, December 18, 2024
[ Wed, Dec 18th 2024 ] - Science Daily
Biodiversity News
[ Wed, Dec 18th 2024 ] - TEC
SCM and Retail Trends in 2025
Tue, December 17, 2024
Mon, December 16, 2024
[ Mon, Dec 16th 2024 ] - Mercury News
California Politics
Sun, December 15, 2024
Sat, December 14, 2024
Fri, December 13, 2024
Thu, December 12, 2024
Wed, December 11, 2024

Why GM Ditched Cruise Driverless: Software-Driven Cars Mean Big Bucks


//automotive-transportation.news-articles.net/co .. verless-software-driven-cars-mean-big-bucks.html
Published in Automotive and Transportation on Tuesday, December 17th 2024 at 11:41 GMT by Forbes   Print publication without navigation

  • Here's one reason why GM ditched Cruise robotaxis: carmakers will earn more than half of their revenue from software and digital services by 2035.

The article from Forbes, published on December 17, 2024, discusses General Motors' (GM) decision to abandon its Cruise autonomous vehicle project due to significant financial and operational challenges. Despite initial enthusiasm and substantial investments, Cruise faced numerous setbacks including safety concerns, regulatory hurdles, and public backlash following several high-profile accidents. The piece highlights how the high costs associated with developing and deploying driverless technology, coupled with the need for extensive testing and infrastructure, have led GM to pivot away from this venture. Instead, GM is now focusing on more traditional automotive technologies and partnerships that promise quicker returns on investment. The article also touches on the broader implications for the autonomous vehicle industry, suggesting that while the technology holds promise, the path to profitability and widespread adoption is fraught with obstacles, leading many companies to reassess their strategies in this space.

Read the Full Forbes Article at:
[ https://www.forbes.com/sites/nicolekobie/2024/12/17/why-gm-ditched-cruise-driverless-software-driven-cars-mean-big-bucks/ ]

Publication Contributing Sources