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GM's CEO: Big New Cadillac Coming

The Cadillac Ciel concept car gives us some clues about the upcoming big Cadillac's styling. Photo credit: General Motors Co.

It's no secret that General Motors (NYSE: GM  ) is working on a major overhaul of its old luxury brand, Cadillac. And it's no secret why: A successful luxury-car brand can be a huge source of profits, and profits are a big priority for GM CEO Dan Akerson.

Akerson just confirmed that the next new Cadillac will be a full-sized sedan, a true American rival to the Mercedes-Benz S-Class. In this video, contributor John Rosevear gives you the full scoop on the upcoming big Caddy, and a surprise: We may get a look at this big new car very soon.

Of course, GM's revival of Cadillac has a lot to do with its efforts in China, where the luxury-car market is taking off in a big way. But GM may not be the leader in China for long. A recent Motley Fool report, "2 Automakers to Buy for a Surging Chinese Market", names the two global auto giants set to reap the biggest gains from China's booming auto market. You can read this report right now for free -- just click here for instant access.

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  • Report this Comment On July 24, 2013, at 7:18 PM, greekchicago wrote:

    Regarding the article on the "Big New Cadillac"...unfortunately the automakers have forgotten what "BIG" means. Full Size SHOULD mean is the very essence of the American Dream - EXCESS.

    I will buy a Cadillac when they go back to the glorious 1976 Eldorado convertible and the Fleetwoods of that era and build one of those. Impossible, why not add a few banks of batteries and make the land yacht ELECTRIC. Put me down for five of them.

  • Report this Comment On July 24, 2013, at 7:22 PM, greekchicago wrote:

    regarding the new Cadillac article...perhaps I spoke too soon...someone at Cadillac remembers the 1976 Eldorado convertible (!) and its spirit is in the new Cadillac design....

    If the dimensions are close to the 1976 Eldorado, I will buy several for my personal use. And, oh yeah, you HAVE TO call it E-L-D-O-R-A-D-O ...songs have been written about this legendary automobile !!!

  • Report this Comment On July 24, 2013, at 7:32 PM, Petronilus wrote:

    I've been a lot to China and the government pressure is getting very high on avoiding more gas guzzling cars in the major cities where air pollution is becoming their #1 concern.

    As of today, many Chinese consumers are becoming wealthy and wanting to show-off their wealth by having a large expensive gas guzzling car, but there are lots of reasons why even these consumers will start to trend away from such disrespect for the environment in the coming years. Going green is far more urgently needed in China than in the USA and the government's tax policies are brutal on the car industry enabling far stronger control of what cars hit the roads.

    Thus anyone believing that putting new life into business of selling luxury cars with poor fuel efficiency in China is a good concept, is not very visionary.

  • Report this Comment On July 24, 2013, at 10:19 PM, ashaskevich wrote:

    This is the reason why GM had to BK like the city of Detroit. If you build a big car, it better be electric like the Tesla Model S which is a full size electric car. Have you seen the price of gas, it is $3.50 and I am in Houston. California it is over $4.00 so who is going to buy a gas guzzling monster?

    Don't buy GM stock. Buy TSLA and don't send money to terrorists and other jerks who hate the USA.

  • Report this Comment On July 25, 2013, at 3:02 AM, bugmenot wrote:

    Detroit going down and under.

  • Report this Comment On July 25, 2013, at 7:18 AM, AcuraT wrote:

    This is not news. GM announced the XTS was a temporary solution. The only news is that the new large car is coming out faster than expected, part of GM's run to improve its cycle time with only four, full car divisions to run. Now that Buick is ramped up with a full product line, Cadillac is getting the resources to turn over the full line in just a few years. The only question will be is the the well built, reliable GM or the not so good one?

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