This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
$1 buys you full access to ALL of TheStreet's Subscription Services! Learn More

Cadillac ELR: Here's The Chevy Volt 2.0, Due Jan. 15

Stocks in this article: GM

NEW YORK ( TheStreet) -- Tuesday morning, General Motors (GM) notified the world it will be unveiling the Cadillac ELR in Detroit on Jan. 15.

It enclosed a semi-blurry picture confirming the spy photos that have been circulating over the last year.

It is expected the Cadillac ELR will enter production in the second half of 2013, more likely the fourth quarter than the third. It should be in showrooms by January 2014, perhaps earlier. I estimate the price before tax adjustments will start at $47,400.

How will the Cadillac ELR differ from the current Chevrolet Volt?

1. It's a two-door coupe, with dimensions otherwise similar to the current Volt. This means the rear seat room will be even smaller than the current Volt. In the Volt, two adults who are 5'11" can sit comfortably, even though there is no extra space -- but they fit sitting straight up, which you can't say about many other compact cars.

In the Cadillac ELR, the rear headroom looks to be constrained, so I suspect that you would have to be meaningfully shorter than 5'11" in order to fit comfortably. Add the inconvenience of only two doors, and the reasonable practicality of the Volt has been compromised. Luggage space is estimated to be similar to the Volt, which is to say acceptable.

2. The dashboard and interior will be better than the Volt. From the leather seats to the knobs, dials and the displays there will be obvious advancements here. Given the learning curve as well as Moore's Law, it may even be cheaper to assemble. So if you are strictly two people and you don't need the rear seat access, the Cadillac ELR will represent a strong improvement.

3. Powertrain: This is the biggie. The ELR likely has obtained an evolved Volt drivetrain, breaking into the following parts:

A. Battery: Capacity will be 16 kWh, because that's where the tax benefits max out ($7,500 Federal tax credit). However, the actual battery will at a minimum be cheaper to manufacture, and it may have an improved cooling/heating system. It will likely be lighter, and it may be slightly smaller.

B. Gasoline generator: It will most likely be beefier than the current 1.4 liter derived from what is in the Chevy Cruze. Rumors have suggested a 2.0 liter engine, and this sounds reasonable.

1 of 3

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,797.60 -12.46 -0.07%
S&P 500 2,067.43 +3.93 0.19%
NASDAQ 4,744.0360 +31.0660 0.66%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs