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GM Officially Cancels Production of Cadillac XLR, XLR-V Roadster

Posted in auto industry, Cadillac, Car Buying, Cars, GM, Newsworthy by Suzanne Denbow | January 27th, 2009 | 1 Response |

Pushing relentlessly forward with their aggressive new business model, General Motors has announced that production of the Cadillac XLR and XLR-V roadster will officially cease after the last few 2009 MY vehicle’s are built this spring. Originally inspired by the Evoq concept vehicle, the Cadillac XLR is built on the same platform as the Chevrolet Corvette C7 and shares the same powertrain as its high-end Cadillac brethren. Priced somewhere between $80,000 – $100,000, the Cadillac XLR has always been relegated to the niche market, making it especially susceptible to the tumultuous economy. “It’s very specialized in terms of who would buy a vehicle at that price point,” explained Sharon Basel, communications manager for General Motors. “We’re seeing the market downturn impacting all segments and some more severely than others.”

While GM does not have any immediate plans to replace or revive the Cadillac XLR, the possibility of a comeback is not entirely off the table. “The XLR is a very nice vehicle, but people are making choices to buy more serviceable vehicles that’s a greater utility to them,” said Bill Parsons, managing director for the Global Advanced-Leadership Center and chair of the Global Automotive Conference. “I think it is something to be anticipated, and the XLR will rebound, but it’s going to take a more sound economy.”

Source: Daily News

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One Response

  1. Rick says:

    The XLR certainly won’t be missed by this Cadillac salesman. Let it die!