<ul><li>General Motors (GM) has decided to shut down its autonomous taxi unit, Cruise, and focus on self-driving and driver assistance technology.</li><li>GM aims to buy out Cruise's remaining shareholders and integrate its robotaxi technologies into existing autonomous vehicle and assisted driving systems.</li><li>The shutdown of Cruise is expected to result in job losses and save GM $1 billion annually from 2025.</li><li>Cruise has faced challenges, including accidents, traffic jams, and suspension of its licence to operate fully autonomous vehicles in California.</li></ul>

GM to close robotaxi division after losing billions

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