Having only been on sale for a year, Cadillac has resolute to kill-off its SRX Turbo luxury crossover. The standard SRX model will persist on, but a lack of consumer involved in the vehicle has leaded the GM accountants to axe the low selling ‘ute.
Cadillac spokesperson Robyn Henderson established the demise of the 300-hp model, stating that it made up less than 10 percent of total SRX sales. Fuel economy of just 15/22-mpg has been cited as a cause for lack of interest by consumers, but, it’s more probable that price was the main factor. While the standard SRX models begin at just $33,830 the Turbo model costs $49,315 in ‘base’ trim and jumps to $51,860 when entirely loaded.
While this is only just good news for GM, Henderson did point out that the SRX still has a major chunk of the luxury crossover segment, out-selling German competitors similar to the BMW X3, Mercedes-Benz GLK and the Audi Q3.
Cadillac spokesperson Robyn Henderson established the demise of the 300-hp model, stating that it made up less than 10 percent of total SRX sales. Fuel economy of just 15/22-mpg has been cited as a cause for lack of interest by consumers, but, it’s more probable that price was the main factor. While the standard SRX models begin at just $33,830 the Turbo model costs $49,315 in ‘base’ trim and jumps to $51,860 when entirely loaded.
While this is only just good news for GM, Henderson did point out that the SRX still has a major chunk of the luxury crossover segment, out-selling German competitors similar to the BMW X3, Mercedes-Benz GLK and the Audi Q3.