GM's CEO: Big New Cadillac Coming
It's no secret that General Motors 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.
The article GM's CEO: Big New Cadillac Coming originally appeared on Fool.com.Fool contributor John Rosevear owns shares of General Motors. Follow him on Twitter at @jrosevear. The Motley Fool recommends General Motors. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.