GM Halts Cruise Robotaxi Development Amid Safety Concerns

• GM will no longer fund Cruise's robotaxi development, integrating it with its technical teams instead.
• The decision follows safety issues, regulatory challenges, and intense competition in the autonomous vehicle market.
• GM aims to focus on its Super Cruise driver assistance technology, expecting to save over $1 billion annually post-restructuring.

Source: Benzinga, Business Insider, Benzinga