Mexican Media Brands
GM to Pull the Plug on Caddy ELR Hybrid
General Motors Co. confirms reports that it will end production of the Cadillac ELR plug-in hybrid coupe after the first-generation of the car has completed its run—possibly after the 2016-model year.
#hybrid
Share
General Motors Co. confirms reports that it will end production of the Cadillac ELR plug-in hybrid coupe after the first-generation of the car has completed its run—possibly after the 2016-model year.
There will be no additional investment in the vehicle, Cadillac President Johan de Nysschen tells reporters. Other company officials have called the ELR, which uses the same extended-range hybrid electric powertrain as the Chevrolet Volt, a “big disappointment.”
Sales of the ELR plunged 22% last year to just over 1,000 units. Buyers balked at the car’s hefty $76,000 sticker price when it was launched in late 2013. The base price of 2016 models has been slashed by about $10,000.
RELATED CONTENT
-
Frito-Lay, Transportation and the Environment
Addressing greenhouse gas reduction in the snack food supply chain
-
FCA Opens the Door to The Future
FCA introduced a high-tech concept vehicle today, the Chrysler Portal, at the event previously known as the “Consumer Electronics Show,” now simply CES.
-
Hyundai Shops for a Partner to Make Electric Scooters
Hyundai Motor Co. is looking for a domestic partner to mass-produce the fold-up Ioniq electric scooter it unveiled at last year’s CES show in Las Vegas, a source tells The Korea Herald.