2016 Cadillac ELR plug-in hybrid is now priced $10,000 lower

Article by Christian A., on April 21, 2015

Cadillac’s 2016 ELR plug-in hybrid is now priced $65,995 (including shipping costs) from $75,995. The automaker cut $10,000 from the price of the sluggish-selling model just 18 months after low sales were recorded for the sleek coupe. Majority of buyers are eligible for a $7,500 federal tax credit. Cadillac said that after software updates to its battery system, the vehicle’s power and torque have received a 25% boost.

As a result, the car can now accelerate from zero to 60mph in 6.4 seconds (1.5 seconds faster). The ELR made its debut in December 2013. Since then, its high price has been criticized by both car reviewers and dealers. Its price is more than twice that of the Chevrolet Volt, which has the same underpinnings and drivetrain as the ELR.

Cadillac had always intended for this low-volume halo car to have an air of exclusivity but nevertheless, it surprised officials that its sales have been so tepid. Last year, Cadillac reported sales of 1,310 ELRs – much lower than the 2,200 cars predicted by IHS Automotive.

According to a source inside GM, the company had an internal forecast before the launch of higher than 2,200 units. In the last few months, ELR sales have improved because of higher incentives and more attractive lease deals. In the first quarter, Cadillac dealers reported deliveries of 311 ELRs – around 73% higher than during the same period in 2014.

According to GM, the steering and chassis have been retuned by engineers for improved handling, which includes a modified front suspension and stiffer rear axle. The feel is now better because of the regenerative brake system. In addition, Cadillac has included a Performance package with a set of 20-inch tires that offer improved grip and front Brembo brakes.

The automaker said that among the upgrades are various calibrations for a continuous damping system and electric power steering, so that the driver gets a “more direct, linear feel.” Similar to what has been done to the Volt, the drivetrain of the ELR is equipped with 2 electric motors as well as a battery pack to deliver a 39-mile range of driving in electric mode.

The motors then get a boost of electricity from the 1.4-liter gasoline-powered generator to result to an overall range of 330 miles. In a statement given by Cadillac President Johan de Nysschen, he said that no other luxury coupe has ELR’s blend of “leading technology with stunningly attractive design.”

He added that because of its wider range, it has an advantage over the other luxury electric vehicles by alleviating range anxiety. The interior modifications include wireless phone charging and 4G LTE broadband service. This re-engineered car will start selling by September.

If you liked the article, share on:

Comments

Recommended

Are you a big fan of legendary boxer Mike Tyson, the former heavyweight world champion? Or are you a big fan of the iconic Ferrari F50? Either way, you will...
by - February 24, 2017
It seems that AM-RB 001 hypercar is not the only vehicle project that Aston Martin and Red Bull Racing has gone into. This time, don’t expect something as outlandish as...
by - February 24, 2017
The year 2018 marks the golden anniversary of Subaru of America. Of course, the company will celebrate 50 years of being at the helm of the brand’s crusade in North...
by - February 24, 2017
During car crashes and accidents, there are times that its occupants can’t get out easily. There are times when the only way to get out of that situation is to...
by - February 23, 2017
Could this be a special version of Ferrari’s much acclaimed LaFerrari? No matter how we look at it, the patent images for this sports car from Ferrari indicate its striking...
by - February 23, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries