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General Motors has plans to import a second vehicle from China to the U.S. It's not another Buick, but the new Cadillac CT6 Plug-In Hybrid. Bloomberg spoke with Cadillac’s chief marketing officer, Uwe Ellinghaus who revealed that the plug-in version would only be built in China. The standard CT6 would be built in the U.S. Why build the CT6 Plug-In Hybrid in China? GM believes with government incentives that encourage people and businesses to buy plug-in hybrids, the market for CT6 Plug-In Hybrid will be much higher. “That will be the largest market for electrified vehicles. The next generation of fuel-economy rules in China will be quite stringent at the end of this decade and into the next,” said GM President Dan Ammann. Also, if GM was to build the CT6 Plug-In Hybrid here and import it to China, they would be facing heavy import taxes. Hence, it makes sense for Cadillac to build the hybrid in China and export to the U.S. The first GM vehicle that will be imported from China, the Buick Envision made its debut last week at the Detroit Auto Show. Source: Bloomberg -
General Motors has plans to import a second vehicle from China to the U.S. It's not another Buick, but the new Cadillac CT6 Plug-In Hybrid. Bloomberg spoke with Cadillac’s chief marketing officer, Uwe Ellinghaus who revealed that the plug-in version would only be built in China. The standard CT6 would be built in the U.S. Why build the CT6 Plug-In Hybrid in China? GM believes with government incentives that encourage people and businesses to buy plug-in hybrids, the market for CT6 Plug-In Hybrid will be much higher. “That will be the largest market for electrified vehicles. The next generation of fuel-economy rules in China will be quite stringent at the end of this decade and into the next,” said GM President Dan Ammann. Also, if GM was to build the CT6 Plug-In Hybrid here and import it to China, they would be facing heavy import taxes. Hence, it makes sense for Cadillac to build the hybrid in China and export to the U.S. The first GM vehicle that will be imported from China, the Buick Envision made its debut last week at the Detroit Auto Show. Source: Bloomberg View full article
