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[NEWS] General Motors is axing the Cadillac XT4: The reason? The automaker wants to make room for the re-launch of the Chevy Bolt EV, set to enter production at its Kansas factory in late 2025. But why now? XT4 sales have been sliding, with drops of 28% in Q4 2023 and 12% so far this year — And with GM targeting EV profitability, it makes sense to focus on its most popular electric model. But with a new administration starting next year — GM might be forced to change plans if tax credits and other incentives disappear… Read today’s top automotive stories, presented by Edmunds: https://lnkd.in/gGNT2zRV (Data source: Reuters)

GM axes Cadillac model to clear path for Bolt re-launch

GM axes Cadillac model to clear path for Bolt re-launch

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Doug McGregor

Empowers revenue growth through Sales & Marketing Alignment

1 周

My suspicion would be for EV tax cuts to remain in-place, given Elon Musk’s influence with the incoming Trump administration .

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