GM President States Electrification Is Cadillac's Last Chance

Another look at Cadillac’s unnamed EV During the North American International Auto Show earlier this year, General Motors unveiled a brand-new, all-electric Cadillac. The Cadillac EV serves as a preview for Cadillac’s future electrification efforts. If that electric-based future doesn’t pay off, then top GM execs say that Cadillac may not have much of a…

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GM President States Electrification Is Cadillac's Last Chance | The News Wheel

Another look at Cadillac’s unnamed EV

During the North American International Auto Show earlier this year, General Motors unveiled a brand-new, all-electric Cadillac. The Cadillac EV serves as a preview for Cadillac’s future electrification efforts.

If that electric-based future doesn’t pay off, then top GM execs say that Cadillac may not have much of a future.

Take a Look Ahead: Welcome to the Future of Cadillac

Journalists from Reuters reached out to GM President Mark Reuss during the auto show in Detroit. In the interview, Reuss was rather candid about Cadillac’s outlook.

 “We don’t have any chances left with taking Cadillac to a really new place,” Reuss stated. “This is pretty much it.”

Cadillac is looking to establish a new brand image

Cadillac isn’t exactly in a healthy market position at the moment. Although sales only fell 1.1 percent last year, that follows multiple years of sales declines.

GM is hoping that EV and hybrid technology can inject some energy into the aging Cadillac lineup. The Cadillac EV that was shown off will be the first to utilize GM’s BEV3 EV platform.

Still, that lineup transformation may still be a few years off. The Cadillac EV model won’t arrive on the market until around 2022 at the earliest. Until then, Cadillac plans to roll out a combo of electrified and combustion engine powertrains.

Technology Expansion: Cadillac Super Cruise technology expanding across lineup

Cadillac remains a lucrative brand for GM in China. Indeed, most of the upcoming Cadillac models in development will be crafted with the Chinese market in mind.

That strategy isn’t enough to help domestic sales, though. For Cadillac, its future in the U.S. will likely be tied into how successful EVs become during the next few years.

News Source: Reuters

The News Wheel is a digital auto magazine providing readers with a fresh perspective on the latest car news. We’re located in the heart of America (Dayton, Ohio) and our goal is to deliver an entertaining and informative perspective on what’s trending in the automotive world. See more articles from The News Wheel.

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