Cadillac Cancels Unveiling Of Lyriq EV Crossover

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Thread: Cadillac Cancels Unveiling Of Lyriq EV Crossover

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    News Contributor Premium Member Perian's Avatar
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    Cadillac Cancels Unveiling Of Lyriq EV Crossover

    Bloomberg.com
    March 9, 2020
    The arrival of the all-electric future that General Motors Co.ís Mary Barra touted last week will have to wait because of the new coronavirus.

    The automaker on Monday called off the early-April unveiling of the Cadillac Lyriq crossover, the first of several battery-powered models Barra has said will debut in the next few years. Worse yet, the boost GM shares got when she made the case the company can compete with Tesla Inc. was short-lived. The stock was hit hard by the virus-related market rout, falling the most since the carmakerís November 2010 initial public offering.

    Cadillac is reevaluating plans for rolling out the Lyriq now that it wonít be introduced at the canceled April 2 event in Los Angeles, according to a spokesman.

    GM shares fell 14% to close at $24.69, the lowest since December 2012.








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  3. #2
    News Contributor Premium Member Perian's Avatar
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    Re: BREAKING: Cadillac Cancels Unveiling Of Lyriq EV Crossover

    ALSO BREAKING:

    Photo of new Ford Bronco (not the Sport - the real Bronco):
    http://www.burlappcar.com/

    Looks fantastic - as does the Bronco Sport (also shown - scroll down).

    Pretty funny that as Ford stock falls, photos are "leaked" of its two most promising models!!











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    Re: BREAKING: Cadillac Cancels Unveiling Of Lyriq EV Crossover

    Thanks China.

    I just spent $8k taking ash trees down, killed by the emerald ash borer because of China's lax policies that let an infested wood pallet come over here. Thanks China.

    Coronavirus - thanks China.

    Now this. Thanks China.

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    Re: BREAKING: Cadillac Cancels Unveiling Of Lyriq EV Crossover

    Quote Originally Posted by Perian View Post
    ALSO BREAKING:

    Photo of new Ford Bronco (not the Sport - the real Bronco):
    http://www.burlappcar.com/

    Looks fantastic - as does the Bronco Sport (also shown - scroll down).

    Pretty funny that as Ford stock falls, photos are "leaked" of its two most promising models!!
    .

    Unless they invent cold fusion that can power a car for only 5 cents, I think they can leak all the pictures they want and the stock will continue to fall. GM's market cap is down to $33B and Ford is down to $23B. Apple could buy both of them with their petty cash.

    PS - yes the Brono does look good! I was about to post the leak.

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    R2-D2 Astromech Droid Premium Member Neanderthal's Avatar
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    Re: BREAKING: Cadillac Cancels Unveiling Of Lyriq EV Crossover

    zero unveiling.

    zerozerozeroq keepqs onq keepinq onq.
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    Re: BREAKING: Cadillac Cancels Unveiling Of Lyriq EV Crossover

    Looks like they might do the introduction online-only, some time after April 2, because of corona.

    gm authority dot com/blog/2020/03/cadillac-lyriq-debut-postponed-due-to-coronavirus-outbreak/
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    Re: BREAKING: Cadillac Cancels Unveiling Of Lyriq EV Crossover

    Quote Originally Posted by dannyg View Post
    Looks like they might do the introduction online-only, some time after April 2, because of corona.

    gm authority dot com/blog/2020/03/cadillac-lyriq-debut-postponed-due-to-coronavirus-outbreak/
    I guess there were going to be a lot of geriatrics with compromised immune systems at the now cancelled reveal?

    Can't have all of Cadillac's buyers die (just joking) .

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    Re: BREAKING: Cadillac Cancels Unveiling Of Lyriq EV Crossover

    Quote Originally Posted by Perian View Post
    ALSO BREAKING:

    Photo of new Ford Bronco (not the Sport - the real Bronco):
    http://www.burlappcar.com/

    Looks fantastic - as does the Bronco Sport (also shown - scroll down).

    Pretty funny that as Ford stock falls, photos are "leaked" of its two most promising models!!











    .
    Wow that Bronco is nice...can’t wait to see the 2 door. This could easily get me to buy a ford after saying never again to the last pos Mercury I had. Well done so far Ford.

    Perhaps put this in a new thread?

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    Re: BREAKING: Cadillac Cancels Unveiling Of Lyriq EV Crossover

    Next they'll be accusing Cadillac of not really having anything and being "Vaporware", and using Covid 19 to be the scapegoat.

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    Re: BREAKING: Cadillac Cancels Unveiling Of Lyriq EV Crossover

    Quote Originally Posted by BlackGTP View Post
    Thanks China.

    I just spent $8k taking ash trees down, killed by the emerald ash borer because of China's lax policies that let an infested wood pallet come over here. Thanks China.

    Coronavirus - thanks China.

    Now this. Thanks China.
    It came from China. It can't last for long, now, can it?

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    Re: BREAKING: Cadillac Cancels Unveiling Of Lyriq EV Crossover

    Quote Originally Posted by Chassis Guy View Post
    It came from China. It can't last for long, now, can it?
    Good point. Maybe it will be like the stuff coming out of the dollar stores.

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    Re: BREAKING: Cadillac Cancels Unveiling Of Lyriq EV Crossover

    Quote Originally Posted by Mr.Buttons View Post
    I guess there were going to be a lot of geriatrics with compromised immune systems at the now cancelled reveal?

    Can't have all of Cadillac's buyers die (just joking) .
    More like letting the lawyers run their company.
    And buying into orchestrated panics has an upside--excuses for everything.

    Quote Originally Posted by 1958carnut View Post
    Next they'll be accusing Cadillac of not really having anything and being "Vaporware", and using Covid 19 to be the scapegoat.
    Works for me! Where'd you hear that, by the way?
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    Re: BREAKING: Cadillac Cancels Unveiling Of Lyriq EV Crossover

    Quote Originally Posted by 1958carnut View Post
    Next they'll be accusing Cadillac of not really having anything and being "Vaporware", and using Covid 19 to be the scapegoat.
    When I was a wee little lad my Mom used to host Vaporware parties for all her fellow housewives. That stuff was indestructible.
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    Re: BREAKING: Cadillac Cancels Unveiling Of Lyriq EV Crossover

    Quote Originally Posted by tripowergto Jan2003 View Post
    When I was a wee little lad my Mom used to host Vaporware parties for all her fellow housewives. That stuff was indestructible.
    You're thinking of Tupperware. lol

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    Re: BREAKING: Cadillac Cancels Unveiling Of Lyriq EV Crossover

    Quote Originally Posted by tripowergto Jan2003 View Post
    When I was a wee little lad my Mom used to host Vaporware parties for all her fellow housewives. That stuff was indestructible.
    My Mom would host "Body Massager" parties. The way her fellow housewives bought them made me think that the Wives "stuff" was indestructible.

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