Word has it General Motors has decided to axe the much-rumored ultraluxury sedan it was developing under the Cadillac badge.
Developed as a rear-wheel drive flagship sedan, the new Cadillac was supposed to cost more than $100,000, a price that, according to Automotive News, was one of the main reasons why the whole project was cancelled.
Not being able to justify the investment in a vehicle that "didn't offer enough brand-building pizzazz", General Motors decided to take the designers off the program and reassign them to other tasks, our source added.
However, this decision won't affect Cadillac's plans to introduce a rear-wheel drive sedan that could rival the BMW 7 Series and the Mercedes-Benz S-Class. The new vehicle will be built on the new Omega travel and could hit the market for the 2016 or 2017 model year.
Story via AutomotiveNews
Not being able to justify the investment in a vehicle that "didn't offer enough brand-building pizzazz", General Motors decided to take the designers off the program and reassign them to other tasks, our source added.
However, this decision won't affect Cadillac's plans to introduce a rear-wheel drive sedan that could rival the BMW 7 Series and the Mercedes-Benz S-Class. The new vehicle will be built on the new Omega travel and could hit the market for the 2016 or 2017 model year.
Story via AutomotiveNews