AD #3850 - Lyriq Now #2 in Cadillac Sales; GM Backs Off 1 Million EV Goal by 2025; Chinese Suppliers Race Into Mexico
About this episode
GM CEO Mary Barra has scaled back the company's US EV sales goal to one million by next year due to limited market demand and production delays. Cadillac's Lyriq EV is now its second-best seller, with more EV models launching soon, potentially making one-third of Cadillac sales electric by next year. Industry forecasts predict EVs will make up half of US new car sales by 2030, despite recent cyberattacks impacting dealerships. Lucid Motors updated its efficient Air sedan lineup, while Stellantis faces supplier disputes and launches eco-friendly oil. Chinese suppliers are investing heavily in Mexico to access the US market, and extended-range EVs are gaining traction as a practical transition technology.
Cadillac Lyric
"..., Cadillac is making quiet progress with evs. The Lyric is now the second best selling vehicle in Cadilla..."
Cadillac Escalade
"...ing vehicle in Cadillac's lineup, only behind the Escalade, and accounted for seventeen point seven percent ..."
Chrysler Pacificum
"...er threatened to stop shipping fuel tanks for the Chrysler Pacificum minivan, which could shut down production at Stal..."
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