General Motors (GM) is ending production this year of a gasoline-powered Cadillac crossover at a plant in Tennessee, while extending production of another vehicle at the facility, CNBC’s Michael Wayland reports. The Detroit automaker will cease production of the XT6, a three-row crossover, at its Spring Hill assembly plant toward the end of this year, but it will continue producing a smaller crossover called the XT5 until at least the end of 2026, according to an internal memo sent to plant employees and confirmed by the company. The changes are unrelated to tariffs, according to a company spokesman.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GM:
- Bernstein: “Clearly Unfavorable” Outlook for General Motors Stock (NYSE:GM)
- Trump threatens even higher tariffs on China after retaliation: Morning Buzz
- Charged: Tesla estimates cut after worse than expected Q1 deliveries
- Billionaire Investor Bill Ackman Predicts Trump May Delay Tariffs to “Make Deals”
- Trump Trade: Trump claims ‘no inflation,’ Medicare won’t cover obesity drugs