An unfortunate thing happened when General Motors discontinued the Chevrolet Bolt EV and EUV at the end of last year: its total electric vehicle sales cratered. It turns out that when you axe America's most affordable EV, as well as the best-selling EV in your lineup, and your portfolio of new EVs is dogged by production and software issues, well... things don't turn out so great. Six months later, we might be seeing a very different General Motors.
But Caldwell said that the newest quarterly figures will be released around July 2 as the second quarter of 2024 comes to a close. Still, there are several interesting trends to parse here. As Cadillac's global vice president John Roth told InsideEVs earlier this year, the Lyriq has had considerable 'momentum' within the luxury brand, and it made up an impressive 17% of Cadillac's total sales in Q1.