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Hybrid Cadillac inventory sits on dealer lots
MarketWatch ^ | May 23, 2014 | By Jay Ramey

Posted on 05/23/2014 6:54:20 AM PDT by Oldeconomybuyer

The Cadillac ELR has been on sale for just five months, but General Motors is now offering dealers a $5,000 incentive to offer test drives in the Chevrolet Volt-based plug-in hybrid. To receive the incentive, dealers have until June 2 to designate ELRs in their current inventory as test vehicles, after which each test car has to log a minimum of 750 test-drive miles.

The incentives could be because 1,700 ELR coupes remained unsold in dealer inventories at the end of April. At current sales rates, that’s a 725-day supply, which is almost exactly two years’ worth of cars.

(Excerpt) Read more at marketwatch.com ...


TOPICS: Business/Economy; Government; News/Current Events; Politics/Elections
KEYWORDS: bailout; failure; governmentmotors; obamanomics; volt
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To: cableguymn

$100,000 cars are among the fastest moving off the lots right now.

People frequently point out that the Tesla or this ELR are very nice cars, but in this price range, there are hardly any bad cars.

Instead of an ELR, one could get a CTS and 5,000 gallons of gasoline.


61 posted on 05/23/2014 4:36:57 PM PDT by jjotto ("Ya could look it up!")
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To: Lurk-know-more; TheZMan; hinckley buzzard

My apologies. I guess I was just turned off by the commercial.


62 posted on 05/23/2014 7:59:16 PM PDT by hoagy62 ("Tyranny, like hell, is not easily conquered..."-Thomas Paine. 1776)
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To: akalinin

Welcome to FReeRepublic thank you for the link.


63 posted on 05/23/2014 8:27:50 PM PDT by mojo114 (Pray for our military)
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To: txrefugee
“Whatever possessed GM to rebrand a Volt with the Cadillac insignia?”

Probably the same genius that slapped Cadillac emblems and leather seats on a Citation.

64 posted on 05/23/2014 8:32:45 PM PDT by Clay Moore (I Like My Guns Like Obama Likes His Voters: Undocumented)
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