99EldoETC Posted April 11, 2015 Report Share Posted April 11, 2015 These are the cars no one wants to buy. 10. Cadillac ATS > Days in inventory: 138.1 > 2014 unit sales: 29,890 > MSRP: $33,215 A Cadillac ATS spent an average of about 138 days on dealers' lots before it was sold, the 10th longest time of all other car models last year. Cadillac sold nearly 30,000 units of the luxury sedan in 2014, nearly 20% of all Cadillac's annual unit sales. Because ATS represents a large portion of the maker's business and floundering sales, GM laid off workers at its ATS factory in Lansing, Michigan. The ATS is one of three Cadillac models with the longest days to turn. The carmaker released the ATS in 2012 to compete with small luxury brands such as the BMW 3 series. 6. Cadillac XTS > Days in inventory: 144.6 > 2014 unit sales: 24,335 > MSRP: $44,660 Cadillac's CT6 was unveiled at this year's New York Auto Show. The large sedan is meant to eventually replace the XTS, which is now scheduled to be discontinued in 2019. Because the two cars are similar, consumers who would have purchased an XTS last year may have opted to wait for the arrival of the CT6. While Cadillac sold 24,335 XTS models last year — a significant portion of its total U.S. unit sales — the model spent nearly five months on the lot before it was sold. Cadillac's parent GM still dominates the U.S. auto market with a 16.2% market share as of March. However, with floundering Cadillac sales and slow-selling models are weighing on the manufacturer's ability to maintain its leading position. 3. Cadillac ELR > Days in inventory: 158.6 > 2014 unit sales: 1,310 > MSRP: $75,000 The ELR is Cadillac's first foray into the electric car space. These cars spent an average of 158.6 days on the lot prior to being sold. The main problem of the ELR is its competition — the comparably priced Tesla model S, which apart from being far better reviewed than the ELR is also far more recognizable by most Americans in the electric car market. Beyond issues of tough competition, sales of Cadillac's electric car likely also suffered from the large decline in gas prices in 2014. The good news is that Cadillac did not bet the farm on this car. The 3,952 ELR units sold in 2014 represented less than 1% of total Cadillac unit sales. Read more http://www.wwltv.com/story/money/cars/2015/04/11/cars-americans-dont-buy/25602781/ Quote Link to comment Share on other sites More sharing options...
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