GM Leaks News of Volt-Style Cadillac
Several sources inside General Motors told BusinessWeek auto writer David Kiley that the company will show a Cadillac two-door plug-in series hybrid at next week’s Detroit Auto Show. According to Kiley, the concept vehicle—a new model similar to the CTS sedan although “smaller” and “bolder”—suggests that the company plans to use electric-drive technology, to be utilized in the upcoming Chevrolet Volt, in other vehicles.
Kiley writes, “One GM executive says the Caddy’s drop-dead dramatic styling will make “‘people want it regardless of the energy source.’”
Kiley’s report is a leak of what might have been one of the biggest surprises of the Detroit Auto Show. GM’s Chevy Volt, a plug-in series hybrid or range-extended electric car, made a big splash at the Detroit Auto Show two years ago, but this year’s show will be dominated by new hybrid and plug-in cars from Honda, Toyota, Ford, Mercedes, Chrysler, and Chinese automaker BYD. The Cadillac concept could bring much-needed attention to the General Motors booth.
General Motors is still approximately two years away from releasing the Chevy Volt, which is due in November 2010. GM’s plans to introduce the Volt, and to introduce any other hybrid or electric vehicles, occur as GM is “reeling from billions in losses and needs government loans to stay afloat,” according to Kiley.