Monday, August 25, 2014

Cadillac ELR May Not Be Long For This World

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Within the next few months, the 2016 Chevrolet Volt will enter showrooms on a new platform, cutting ties to the Delta II platform underpinning both the first-gen Volt and the Cadillac ELR. The move won't matter ultimately, as the premium PHEV may not be long for this world as it is.

AutoGuide reports Cadillac chief engineer Dave Leone proclaimed it too early to state whether the ELR will see a second generation or not, proclaiming the brand was in "the business of making money," and that management would make their decision when the time came to do so.

As of this writing, inventory is at 194 days, consisting of 1,400 unsold units. Meanwhile, only 578 copies of the $75,995 PHEV actually left the showroom through the end of July 2014 through the kindness of discounts and other incentives.

If cut, the ELR would join the Opel Ampera, whose own existence drew to a close after only 332 units were sold through the first five months of this year. This is likely due to the fact that few want to pay the equivalent of $51,000 USD for a Volt with a new face, or, in the case of the ELR, $76,000 for a Volt with a new body.

The post Cadillac ELR May Not Be Long For This World appeared first on The Truth About Cars.



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