GMs 292ndRanked 370M Volume Marks Shift to Personal AVs Post Robotaxi Exit

On August 12, 2025, General Motors (GM) traded up 0.28% with a volume of $370 million, ranking 292nd in market activity. The automaker is refocusing its autonomous vehicle (AV) strategy after exiting the robotaxi sector, shifting toward personal-use driverless cars. Sterling Anderson, former Tesla Autopilot chief, leads the initiative, emphasizing "hands-free, eyes-free" driving as an intermediate step toward fully autonomous vehicles. GM confirmed public road testing with lidar-equipped vehicles to gather data for simulation models, signaling continued investment in self-driving technology despite recent layoffs at its software division and former Cruise unit.

Ceiling-level recruitment efforts are underway to rehire former Cruise employees and expand teams in Mountain View, California. CEO Mary Barra reiterated autonomy as a "clear priority" during Q2 earnings, aligning with Anderson’s mandate to oversee all product development, including EVs and driver-assist systems. The strategic pivot follows Cruise’s shutdown last year due to regulatory scrutiny after a pedestrian injury incident and subsequent leadership changes. While GM no longer publicly targets a mid-decade launch for personal AVs, development remains active alongside enhancements to its Super Cruise system.

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