Unfortunately for Michigan it will be built in Tennessee, but still good new for Detroit-headquatered GM.
General Motors sold out of the new 2023 Cadillac Lyriq all-electric two-row SUV in about four hours on Thursday morning.
The automaker opened the order banks at 9 a.m. and by 1 p.m. it had sold out of that model year, Cadillac spokesman Mike Albano said.
Albano declined to provide how many 2023 Lyriq orders Cadillac received, but GM's luxury brand reported having about 233,000 hand-raisers in March. Hand-raisers are people who express interest in the car but do not put any money down on one.
Cadillac leaders said they expected to convert about 10% of those hand-raisers to purchase orders. And, earlier this year, GM told suppliers to prepare to produce 25,000 Lyriqs this year. The Lyriq is the cornerstone for Cadillac as it is the first of GM's brands to go all-electric by 2030.
Quote from Detroit Free Press
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