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Cadillac Celestiq will start with hefty price tag of $340,000

Teslarati

When General Motors unveiled the Cadillac Celestiq last year, we were told it would be 18 feet long, pack 300 miles of range, have an impressive 0-60 MPH acceleration rate of just 3.8 There are also a few trims that GM plans to release with the Celestiq. seconds, and start at $300,000. I’d love to chat!

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GM teases the Cadillac Celestiq luxury hatchback EV

Teslarati

General Motors teased the Cadillac Celestiq today with a series of images displaying the concept vehicle’s sleek and streamlined design, which will serve as “the purest expression of Cadillac design, technology, and performance.” We’d love to hear from you!

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GM expands to new European markets with its luxury $93K Lyriq

Baua Electric

2024 Cadillac Lyriq Sport trim (Source: Cadillac) General Motors is banking that Europeans will want an American-made $93,000 SUV that has zero emissions – but the US brand has had plenty of trouble getting production off the ground on its home turf. In 2022, GM sold only 122 Lyriqs.

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GM Makes Final $5.8B Payment to US and Canada; Investing $257M in Fairfax and Hamtramck Plants for Next-Gen Malibu

Green Car Congress

General Motors Company Chairman and CEO Ed Whitacre announced that GM has made its final payment of $5.8 GM also announced an investment of $257 million at its Fairfax, Kansas, and Detroit Hamtramck assembly centers. The US, Canadian, and Ontario governments, as part of the launch of the new GM, provided loans of $8.4

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GM Files Voluntary Chapter 11; Agreements with US Treasury and Canada; New GM Expected in 60-90 Days

Green Car Congress

General Motors Corp. reached agreements with the US Treasury and the governments of Canada and Ontario for the creation of a smaller, self-sustaining “New GM”. Pending approvals, the New GM is expected to launch in about 60 to 90 days as a separate and independent company from the current GM. Orion, Mich.

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GM Releases New Viability Plan, Launches Bond Exchange; Phasing Out Pontiac

Green Car Congress

General Motors presented an updated Viability Plan that accelerates and deepens the cuts in US brands and nameplates, dealers, manufacturing operations and employees intended to enable GM North America to breakeven (on an adjusted EBIT basis) at a US total industry sales volume of approximately 10 million vehicles.

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General Motors presents viability plan

Green Cars News

As it bids to break even at a US total industry sales volume of approximately 10 million vehicles, General Motors has updated its Viability Plan which will deepen the cuts in its operations. If the bond exchange fails, it will result in GM entering bankruptcy.