SerpApi.Org
- GM CEO Mary Barra said that the next-generation Cadillacs will include new gas versions of the CT5 sedan, XT5 midsize SUV and discontinued three-row XT6 SUV.
- The new product announcements add to GM's pullback in EVs, after it initially said Cadillac would exclusively sell electric vehicles by the end of this decade.
- The changes, which include GM recording $10.9 billion in EV-related charges since the second half of last year, follow slower-than-expected EV adoption as well as U.S. regulatory changes
DETROIT — General Motors will launch new gas-powered Cadillac vehicles beginning next spring as the automaker continues to shift gears away from all-electric vehicles.
GM CEO Mary Barra said Tuesday that the next-generation Cadillacs will include new versions of the company's CT5 sedan, outdated XT5 midsize SUV and discontinued three-row XT6 SUV.
"Starting next spring and continuing into 2028, we will begin launching the next generation of Cadillac ICE [internal combustion engine] vehicles," Barra said during the company's second-quarter earnings call. She said the vehicles will be in addition to Cadillac's current all-electric crossovers and Escalade SUV.
The new product announcements add to GM's pullback in EVs. The automaker had planned for Cadillac to exclusively sell electric vehicles by the end of this decade. The company also has walked back EV plans for other brands and increased gas-powered engine production, including V-8 offerings.
GM has recorded $10.9 billion in EV-related charges since the second half of last year after slower-than-expected electric vehicle adoption as well as U.S. regulatory changes easing emissions standards and eliminating support for EVs.
Barra reiterated that GM's plans include "onshoring significant manufacturing" for the Detroit automaker beginning next year, in part by expanding production of its full-size SUVs to a Michigan plant that was previously slated to build EVs.
The full-size SUVs — Escalade, Chevy Tahoe and Suburban, and GMC Yukon and Yukon XL — are currently exclusively produced at the company's Arlington Assembly plant in Texas.
