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, Fool.com 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.