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US Electric Vehicle Sales Hit Record 1.3 Million Units In 2024, Despite Tesla Declines: Top 10 Bestselling Models
Tuesday, January 14, 2025 - 11:28am | 770The U.S. automotive industry saw a record number of electric vehicles sold in 2024, with 1,301,411 units breaking last year's record with a 7.3% year-over-year increase. A record fourth quarter saw 365,824 units sold in the U.S., despite some weakness from sector leader Tesla Inc (NASDAQ:TSLA)....
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GM's $60,000 Cadillac Lyriq Was Its Best Selling EV In 2024 As Of Q3: Is Premium The Way To Go For EV Makers?
Tuesday, December 24, 2024 - 5:00am | 489Even as General Motors (NYSE:GM) continues to expand its electric vehicle offerings in the U.S., one of the company’s existing models continues to buoy its sales despite its high price point – the Cadillac Lyriq. What Happened: In the first nine months of 2024 through the end of...
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GM Recalls Nearly 22,000 Cadillac Lyriq Electric SUVs Due To Concerns About Loss Of Braking Ability
Tuesday, August 13, 2024 - 8:07am | 351Detroit-based automaker General Motors (NYSE:GM) is recalling 21,469 electric SUVs manufactured by its Cadillac brand citing concerns about the vehicles losing braking ability. What Happened: The recall population includes model year 2023-2024 Cadillac Lyriq all-wheel drive vehicles. The anti-...
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$60,000 Cadillac Lyriq Drives GM's Q2 EV Sales After Bolt Is Discontinued
Wednesday, July 3, 2024 - 4:12am | 642Detroit-based automaker General Motors Co. (NYSE:GM) said on Tuesday that the company has sold nearly 22,000 EVs in the U.S. in the second quarter, thanks to the rising popularity of its Cadillac Lyriq SUV. What Happened: GM sold 21,930 EVs in the second quarter, marking a jump of over 40% from the...
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GM's Total EV Sales In Q1 Can't Even Match Tesla's High-End Deliveries
Wednesday, April 3, 2024 - 2:24am | 519The biggest automaker in the U.S. by sales on Tuesday reported a near 21% drop in EV sales for the first quarter of 2024, partly owing to the discontinuation of its best-selling electric model. What Happened: General Motors (NYSE:GM) sold 16,425 electric vehicles in the U.S. in the first three...
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GM's Cadillac Ramps Up Lyriq Production Amid Surging Demand For Luxury EVs: Report
Thursday, January 18, 2024 - 11:31pm | 468General Motors Co’s (NYSE:GM) luxury brand, Cadillac, is reportedly ramping up production of its Lyriq electric SUV given the better availability of batteries and strong demand for luxury EVs. What Happened: The production of the Cadillac Lyriq had been falling short due to battery module...