DETROIT -- Robert Lutz's Cadillac dream might be closer to reality.
General Motors' vice chairman said last week that GM is actively pursuing a high-end, ultraluxury sedan that would sell for more than $100,000.
"One of the things we've got teed up is what we call the ULS, or ultraluxury sedan, that will penetrate up into a higher price position than any previous Cadillac," Lutz told a group of analysts.
One GM insider says Lutz has asked Cadillac to create a business case, but the vehicle has not received approval.
Another source familiar with future product says the vehicle likely will be built within "three or four years."
A luxury Cadillac has been a pet project of Lutz's ever since GM unveiled the dramatic rear-drive Cadillac Sixteen concept car at the 2003 Detroit auto show.
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DUE TO CIRCUMSTANCES BEYOND MY CONTROL, MY BRAIN IS CURRENTLY NOT FUNCTIONAL. MY EMPLOYER HAS BEEN NOTIFIED. AT THIS TIME, I HAVE NO WAY OF PREDICTING HOW LONG THIS ISSUE WILL TAKE TO CORRECT.
quote: Originally posted by: ifcar "A $100,000 Cadillac is nice, but he needs to spend a bit more time with GM's mainstreamers, many of which need a lot more work than Caddy does."
Agreed. I expect they'll do with this like they did the XLR- it's too expensive to expect to do as well as the "more prestigous" competition, so they'll make it very low-volume and do rather well.
The XLR works because it can be built off the Corvette chassis. To build the ULS, they'll need to stretch the Sigma chassis in both directions, I think. It could be done, and maybe even for a profit. It would just take some juggling.
I do agree, however, that now that Cadillac is headed the right way, that the more mainstream divisions need some help.