Cadillac is said to replace its old DTS sedan. Rumors of the model’s replacement have been rampant on the Internet for a long time now. Today, we get the report about the Cadillac’s plans. The new Cadillac model with get the XTS badge and is set to go side by side with the likes of Lexus, Mercedes Benz, Audi, and BMW.
The present CTS model is doing fine as an average sized sedan. It’s reviews are average, however, the design and technology are stuck the last generation of General Motors’ sedans.
The rumored replacement took a long time to see production because of the state of the United State’s economy as well as the bankruptcy threats that plagued General Motors. Fortunately, the market sees a turnaround the new XTS might help GM become steady.
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General Motors reveals a plan to cut hundreds of dealers from their brand portfolio. This does not spare Cadillac dealers across the nation especially those in the metros. The Cadillac dealers and other brand distributors will be informed by the end of October 2010, this is also when the most of the dealer agreements will expire.
The decision to slash the Cadillac dealerships comes after studying the position of the brand in the market. Checking the luxury segment of the market, rivals like Lexus, Mercedes-Benz, and BMW are selling more units with fewer dealerships.
GM plans to adapt the strategy of their competition and increase the sales stats. Lexus dealers sold about 1158 cars on average in 2008 with only 226 franchises. Cadillac, on the other hand, has 1400 dealers but a store sold on average only 110 units.
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