Stock Market News

GM ending production of Cadillac XT4 SUV as it shifts to EVs

11/07/2024

Less than a minute

2024.11.07 14:52

(Reuters) – General Motors (NYSE:) said on Thursday it will end production of the gas-powered Cadillac XT4 in January as it shifts production at its Kansas plant to electric vehicles.

© Reuters. Cadillac unveils the new Cadillac XT4 SUV in advance of the New York Auto Show in the Manhattan borough of New York City, New York, U.S., March 27, 2018. Picture taken March 27, 2018. REUTERS/Amir Levy/File Photo

GM is investing $390 million at its Kansas assembly plant to build next-generation Chevrolet Bolt EVs. GM plans to end production of its Chevrolet Malibu in the coming weeks.

GM had said in May that when it resumed production in 2025 in Kansas it would build both the Bolt EV and XT4 on the same assembly line but now will only build Bolt vehicles.

11/07/2024

Less than a minute

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