Tag Archives: cadillac

SoftBank Vision Fund to Invest $2.25 B in GM Cruise

The SoftBank Vision Fund investment will be made in two phases. At the closing of the transaction, the Vision Fund will invest the first tranche of $900 million. At the time that Cruise AVs are ready for commercial deployment, the Vision Fund will complete the second tranche of $1.35 billion. Continue reading

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Rogue Named Cadillac Creative Agency

Cadillac says it has selected a new agency called Rogue as its creative agency of record, following a review process. Continue reading

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Cadillac Matches New Car Warranty on Used Cars

In a move that reflects a growing industry trend of expanding warranty and maintenance plans, Cadillac today matched its new vehicle warranty on certified used cars. Continue reading

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GM U.S. Sales Up 16% in January, a Bit More than Market Gain

The strength of the market itself was surprising. January 2013 was 14% higher than last year 27% higher than January 2011 and roughly 50% higher than January 2010 – an amazing recovery trend that should allow leveraged automakers to print money, including GM as 2012 results are released in February. Continue reading

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Cadillac ELR to be Built at Detroit-Hamtramck

Development of the Chevrolet Volt-based Cadillac ELR is now underway, and GM has just confirmed that the ELR will be built at the GM’s Detroit-Hamtramck plant. The on again/off again program is based on the Converj concept first shown at the 2009 North American International Auto Show as General Motors was hurtling toward a bankruptcy reorganization. Converj, err ELR, will be GM’s second hybrid after the Chevrolet Volt/ Holden Volt/ Opel Ampera when it appears late in 2013 as a 2014 model. Continue reading

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General Motors U.S. April Sales Down 8% in a Growing Market

General Motors Co. (NYSE: GM) today reported April sales of 213,387 vehicles in the United States, a decline of 8% in a month that looks to be running at more than 14 million units on a seasonally adjusted basis, an increase of at least 12%. Buick one again posted a decline, this time -25% at 15,450 vehicles, with the mid-size Regal off -37% at 2,850. The compact and less expensive Verona sold 3,000 sedans. This begs the question whether Buick in particularly, perhaps General Motors overall, has been too aggressive in raising prices to boost profitability. The brands aren’t strong enough and the competition remains formidable. Once again Chrysler posted a 20% sales increase to 141,000 vehicles in April, and my bet is GM and Ford are where the growth is coming from to a large degree. Continue reading

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Car Spy Jim Dunne Catches Revised Lincoln MKS or MKZ?

Following the Ford Jaguar debacle, success is also not a word that can be applied to Ford’s management of Lincoln, which is a poseur in the world of luxury cars dominated by the German Brands and Toyota’s Lexus, which even though it was out of the U.S. market for five months this year because of the Japan earthquake, still managed to outsell Lincoln by a better than 2:1. Continue reading

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GM Plans Four World Debuts at NAIAS. Where is Bob Lutz?

“ATS enters the biggest market segment in the global luxury car industry, both in terms of volume and importance,” said Barra.

No kidding. ATS better be good when it appears next fall.

But when I asked what GM consultant Bob Lutz was doing these days, Barra said she was trading e-mails with him about getting Lutz to drive a new Chevy Sonic, which has been on sale globally for a couple of years. While Barra called Lutz an “automotive rock star,” there was no hint in her brief response that she was spending any time with Lutz. Continue reading

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World Record for Tailfins as 298 Cadillacs Parade in Vermont?

The previous record of 102 Cadillacs on parade was set on Aug. 18, 2002, in Leimuiderbrug, the Netherlands of all places. Continue reading

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Cadillac to Introduce New Small and Large Cars in 2012

The announcement comes as Cadillac sales declined sharply in the U.S. during July, with disappointing total sales of 11,119, a 26% decrease compared to last July as its aging vehicle line was affected by increased incentives from German brands. Both of the new Cadillac models are aimed squarely at German luxury offerings. Continue reading

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GM First to Offer Free Maintenance on Used Vehicles

The so-called Owner Care program, appears to be a first from an automaker in the U.S. It includes a two-year/30,000-mile maintenance program that covers oil changes based on each vehicle’s Oil Life Monitor system, tire rotations, and multi-point vehicle inspections. This is offered at no charge to the owner. Continue reading

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General Motors April U.S. Vehicle Sales Increase of 27%

“Recently, rising fuel prices have led many to re-think their vehicle choice,” said Don Johnson, vice president, U.S. Sales Operations. “Because of the investments we’ve made in fuel-efficiency and global product architectures, the company is well positioned to meet these needs.” Continue reading

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Cadillac CTS-V to Offer Black Diamond Tri-Coat Paint in March

Cadillac will offer a Black Diamond Edition of the performance CTS-V with what’s called tri-coat paint, dubbed Black Diamond. This marketing name for once actually describes the color.

Available on the CTS-V Sedan, Coupe and Wagon models, this will be the first use by an automaker of something called a “SpectraFlair” pigment in North America, after it showed in 2002 at the Specialty Equipment Manufacturer’s Show in Las Vegas. (Old naming habits die hard.) Continue reading

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Honda Ranks First for Automaker Website Satisfaction

Honda’s website ranks the highest among new vehicle shoppers, according to an automaker website evaluation study just released. Honda had the highest with a score of 836 on a 1,000-point scale, and performs particularly well in information/content, navigation and speed measures, according to J.D. Power and Associates. Continue reading

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Cadillac Returns To SCCA GT Racing With CTS-V Coupe

Cadillac today announced that it will return to racing in 2011 with a version of its CTS-V Coupe competing in the Sports Car Club of America World Challenge.

The return to SCCA sanctioned tracks sees Cadillac rejoin a series where it successfully competed from 2004 to 2007, capturing the Manufacturer’s Championship in 2005 and 2007, the Driver’s Championship in 2005. Continue reading

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