Exclusive: GM's Cadillac is expected to become the company's lead electric vehicle brand to challenge Tesla
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GM's Cadillac is said to plan to introduce electric vehicle in fight against TeslaCadillac is expected to become General Motors' lead electric vehicle brand as the largest U.S. automaker gears up to introduce a new model under that luxury marquee to challenge Tesla, two people briefed on the matter told Reuters.
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GM is defying naysayers with a bullish 2019 outlook, plans to take on Tesla with CadillacAt its Capital Markets Day in New York, GM predicted that auto sales in the US and China could hold up and that its profit outlook will improve.
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GM is surging after giving strong guidance, saying it would use Cadillac to compete with TeslaGeneral Motors gave strong 2019 guidance Friday morning and said it would use its Cadillac brand to take on Tesla in the electric-vehicle market.
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GM electric vehicle strategy last chance for Cadillac's success: executiveGeneral Motors Co's strategy to make its luxury Cadillac marque its lead el...
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