This Day On The Street
Continue to site
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

5 Biggest Auto Flops of the Past Decade

Fifth-worst flop of the decade: Cadillac XLR
Sales:
13,302 (available 2003-2011)

What do get when you cross a Cadillac with a Corvette? Answer: Terrible sales.

Rolled out in 2003 as a 2004-model-year car, the XLR was basically a two-seat convertible Cadillac built atop a Corvette chassis.

General Motors (GM) thought the XLR could make the stodgy Cadillac brand seem hip to a younger crowd, but the car proved neither luxurious enough for Cadillac fans nor sufficiently sporty for Corvette enthusiasts.

"I don't think Cadillac buyers were ever looking for that high a level of performance, so GM made the XLR a little softer and lower-power than a Corvette -- which meant the Corvette faithful didn't like the car, either," Takahashi says.

Besides, you could buy a fully loaded Corvette for about $20,000 less than the XLR's $75,000 price tag.

Takahashi says the car ultimately proved so unpopular that dealers needed until 2011 to unload the last of the XLRs, which GM had built for the 2009 model year.
2 of 6

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

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
Stocks Under $10

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

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
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

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

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG
AAPL $113.29 0.33%
FB $91.01 1.43%
GOOG $630.50 -1.10%
TSLA $248.50 2.30%
YHOO $33.13 -1.70%

Markets

Chart of I:DJI
DOW 16,643.01 -11.76 -0.07%
S&P 500 1,988.87 +1.21 0.06%
NASDAQ 4,828.3250 +15.6170 0.32%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs