GM Launches Luxury Electric Cadillac Lyriq in France, Eyes European Expansion
The move marks a significant return to the European market with direct-to-consumer sales starting March 23, following a strategic exit in 2017.
- General Motors announces the launch of its luxury electric vehicle, the Cadillac Lyriq, in France, marking a significant step in its reentry into the European market.
- The Cadillac Lyriq, priced at approximately $93,000, will be available for direct-to-consumer sales starting March 23, with plans to expand to other European countries including Germany by the end of the year.
- GM's return to Europe with the Lyriq follows its exit in 2017 when it sold its Opel and Vauxhall brands, aiming to focus on electric and autonomous vehicles.
- The Lyriq features GM's Ultium propulsion system, offering a luxury and sports AWD model with a starting price in Switzerland at about $92,200, including taxes and fees.
- GM aims for an all-electric lineup by 2035, with Cadillac and Buick expected to offer all-electric lineups by 2030, as part of its strategy to capitalize on the growing EV market in Europe.