Three times now, GM has planned to build a plug-in hybrid (PHEV) version of its Theta-platform crossovers, once with the Saturn Vue, once with the Buick “Vuick” and now, according to Reuters
General Motors Co has canceled plans to develop a plug-in hybrid vehicle based on the current Cadillac SRX crossover platform, deciding the project was not financially viable, three people with direct knowledge of the project said.
While two of the sources said the plans could still be revived on a future platform, they and two others familiar with the matter said engineers involved had been reassigned to other projects.
Back in early days of the program, the plan was to bring a Vue PHEV to market as soon as 2010, but the death of Saturn (and other difficult-to-identify issues) forced a change of plans. The Buick version was literally laughed out of consideration in what was the first-ever Twitter-based future product killing. But given that hand-picked members of the public were driving mules nearly two years ago (see video), we figured enough development had been done that GM essentially had no choice but bring the troubled Theta PHEV to market. Today’s cancellation of the SRX version is therefore just a little confusing…
(Read More…)












Recent Comments