Cadillac will pull the plug on the Chevrolet Volt-based ELR luxury plug-in hybrid coupe at the end of its production cycle in 2018. As costly as it is underappreciated, the ELR has been a slow seller since its debut in 2014, according to auto-information Web site, Autos Cheat Sheet. With the ELR starting at a hefty $75,995, dealers sold just 1,024 units in all of 2015, which marketing chief Uwe Ellinghaus called Òa big disappointment.Ó Cadillac president Johan de Nysschen confirmed there would not be a second-generation ELR, Òbut I plan to continue admiring it as one of the most beautiful cars on four wheels.Ó Cadillac has slashed about $10,000 off the price for the 2016 model year.

2016 Cadillac ELR

The Cadillac ELR might be pretty, but itÕs also pretty expensive, which is one of the reasons it will be cancelled.

Range-extended Cadillac ELR on GM chopping block: