DETROIT – Cadillac will get its first hybrid vehicle in 2007 as the brand adds an Escalade Hybrid to its lineup.
GM CEO Rick Wagoner confirmed the addition to Automotive News at a press conference to open production of a new transmission that will be team with GM?s new dual-mode hybrid system. The two-mode transmission goes into production next year and will be put into the coming hybrid versions of the Chevy Tahoe and GMC Yukon that will be built in Arlington, Texas, beginning next year.
GM will invest up to $118 million in its Baltimore transmission plant to make the new gearboxes for the hybrids, which GM says will have fuel economy up to 25 percent better than that of the standard 2007 full-size utes.
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