Cadillac Is Killing Its Pricey ELR Plug-In Hybrid

fortune.com ^ | February 3, 2016 | Tom Huddleston, Jr.

[Berlin_Freeper]

Customers called it “the $75,999 Volt.”

Cadillac has reportedly opted to cancel any plans to continue producing its ELR plug-in hybrid coupe after watching the luxury hybrid’s sales fall last year.

According to Automotive News, Cadillac president Johan de Nysschen confirmed last week that the General Motors GM -2.46% division does not plan a follow-up to the first generation of ELRs that launched at the end of 2013. The trade publication noted that ELR sales dropped 22% last year to only 1,024 vehicles, as dealers complained about the car’s high price tag of nearly $76,000 (with shipping).

[CodeToad]

Tesla STARTS at $101,000. Easy goes to $130,000.

[grania]

Tesla STARTS at $101,000

Nah, the ruling elite aren't out of control. Does the one that's plugged in come that cheap? I wonder how much it cost to keep the toy juiced.

[Auntie Mame]

Thank you.