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Make up for some lost sales in Q4 with help of electric push.
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Without an SUV classification, the Cadillac Lyriq exceeds the price threshold for federal tax credits for EVs.
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The average payment climbed to $717 in the fourth quarter of 2022, which is 50% higher than in 2010, according to Edmunds.
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U.S. electric vehicle purchases climbed to 5.8% of all vehicles sold in 2022, up from 3.2% in 2021, according to Motor Intelligence.
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Report forecasts production cuts resulting from issue this year.
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Report shows car loan amounts, down payments rising along with interest rates.
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Company plans to showcase new ways to speed up cash flow at NADA 2023.
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Early figures show about 10% drop, but there was a late-year surge.
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The Detroit automaker sold 1.86 million vehicles in 2022, down from 1.91 million in 2021.
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