General Motors held an investor conference call today, and while journalists and other parties could dial into the call or webcast, a select number of investors were shown a presentation in-person.
That’s where Mark Reuss, GM President with oversight over the brand, showed off a mystery Cadillac sports car.
During Reuss’ remarks, he played a video for those present at the investor conference that was not shared via the webcast for those dialed into the presentation. Reuss mentioned the car is part of what will define Cadillac, even as the brand moves to rival Tesla as GM’s electric-car division.
We know it was a sports car of sorts because of the sounds. While we aren’t privy to the video, the sound did play through on the call, which was clearly a V8 engine with some sort of forced induction. Upcoming cars that could sport a V8 engine include a CT4-V, CT5-V, or a mid-engine Cadillac sports car. Although the idea of a mid-engine Cadillac sports car has been largely dismissed, photos of a key fob re-ignited rumors such a car is in the pipeline.
Aside from the sound, we don’t know have any other information on what the car may be. Cadillac’s CT4 and CT5 sedans, which replace the ATS and CTS, are due soon, and we’ll likely learn more about the larger CT5 first and a potential V variant to replace the beloved CTS-V. A source told GM Authority we may hear more about the car this Sunday when Cadillac reveals the XT6 crossover in Detroit ahead of the North American International Auto Show.
Comments
why do some investors get to see this video and others don’t? isn’t that against the law? any information should be available to all investors or available to none.
“why do some investors get to see this video and others don’t? isn’t that against the law?”
Not in any way I can think of. If you have block of investors that collectively hold more than X% of stock, they might be interested in increasing their share if they’ve watched a demo reel of future products, whereas an individual investor who’s been holding onto their shares for 25 years or so likely doesn’t have an interest in buying more share, so they likely wouldn’t be swayed with the demo reel.
You can’t share material information with some shareholders and not others, you have to make the information available to all when you tell one investor. However, they did reveal to all investors that a ‘brand defining’ Cadillac sports car was on the way. The people in the room probably have a better guess what that car is going to be but I’m guessing that doesn’t technically count as material. I’m no expert but GM would have a team of investor relations people that I’m sure were involved and make sure everything is kosher. I don’t really like it, but it is what it is
Correct, I don’t know how this ever made it past legal.
Maybe the key word is missing in the report
… ‘potential’ investors.
Another concept that won’t be built most likely. Much like they’ve touted the Escala, had it on display at Cadillachauss, and featured it in ads as the future of Cadillac over the last couple of years, there is perhaps another concept that will play a similar role this year. It may be the car from the patent drawings that we saw last summer. That looked to be a Cadillac version of the Camaro. It’s possible they are showing a concept derived from those patent sketches.
I doubt it’s a real car headed for production.
That’s more likely.
Cadillac builds beautiful concepts.
The luxury-buying public asks, nay begs, for them.
Cadillac says, “hey, what about a Chevy Traverse with a cooler face and a slightly nicer interior instead???!!!”
The luxury-buying public says no, for that money they’d rather have something built from the ground up as a luxury car and to a higher standard as well.
Cadillac says “well, I guess people aren’t interested in luxury cars, I guess we better make ’em on the cheap and sell them for less, so price is our only advantage. A big “SALE! CUT RATES! WE MUST BE CRAZY!” sign out front says ‘luxury’, right?”
If they’re smart, they’ll have a surprise reveal of one or both CT’s or this sports car alongside the XT6. That will get more attention than waiting ’til the NY show.
I think we will see two new Cadillac at NAIAS.
XT6 and something else. Probably CT5.
Cadillac has shown many sport coupes like the Ciel; but have lacked the guts to build such a car properly because if Cadillac wants to sink the resources to build a true world class sports car to wrap around Cadillac’s exclusive Blackwing Twin-Turbo V8 then such a car needs to be a 2-door with a convertible option.
CT5-V.
Let’s give credit where it’s due. When considering high performance cars like the V-cars, Camaro and Vette, Mark Reuss has a pretty good track record with regards to performance, if not excellent. But he’s on record saying many eventual flops were stunning… beautiful… competitive… etc., and as far as I’m concerned he’s lost all credibility with respect to the direction and styling of many brands and vehicles. However, in fairness, things could be worse!
Frankly I think GM needs more product guys and that he’s been given too authority over too much product.
Chevallac has already shared the XT6 face! It looks like a transformer.
Go to Cadillac Twitter
Ha Ha I broke the news 1st!!
If Cadillac is ready to introduce Tesla beaters and sports cars, they sure fooled me into thinking they were headed for the graveyard.
But count me in as someone who needs to see it first to believe it.
Cadillac teased the XT6 on Twitter.
The new front end looks really good. Looking forward to seeing the CT5, CT4, Escalade, and the rest of the new XT6.
Cadillac has a promising future ahead of it. Lots of new product.
>>>>. “Aside from the sound, we don’t know have any other information on what the car may be.” <<<<<<
Maybe be so; I can speculate though: It is a car that General Motors/Cadillac will never build.
Might be this car shown here?
http://cadillacsociety.com/2018/08/10/large-cadillac-coupe-rendered-from-design-patent-images/
Well, let’s see….give it another 2 years to be a finished engineering exercise, another year to get the decision to go into production, then a year to ramp up the factory to produce it before it finally hits the lots. That’s 4 years, plus 2 for proper Cadillac depreciation to hit and one can have this car “lightly used” for half the price of a new one.
Sounds good to me…oh wait! I’ll be in my 70s by the time that happens and besides, the newest trends in car design will likely sway me into something else anyway.
Seems like deja vu; have I seen this before?
Spot-on analysis here! And I would add that if it turns out to be a Coupe like some of the teaser pictures suggest, it will have a limited shelf life: Toyota and Honda have both shelved them. Even the venerable Civic Coupe is gone. Only GM can declare that Sedans are dead/nobody wants them and kills them all and then go ahead with a decision to put a Coupe in the line up.
The luxury makes haven’t eliminated Coupes.
Forget the coupes, just make a convertible or targa top if 2 seater.
Acknowledged. But Cadillac needs sales and cash generators to keep the GM decision makers happy – now- . No volume in $80k+ sport coupes by Cadillac. Mercedes-Benz can pull that off. Not Cadillac.
A UGLY 4 DOOR IS NOT A SPORTS CAR. A NEW XLR WITH THE MID- ENGINE IS A SPORTS CAR. THE CT8 NEEDS TO COME OUT. KEEP IN MIND CADILLAC NOT ALL OF YOUR CUSTOMERS ARE LESS THAN 40 WITH A PILE OF KIDS. CADILLAC HAS LOST MOST OF THEIR CUSTOMERS TO THE COMPETITION, BECAUSE THEY ARE COMING OUT TOO LATE WITH TOO LITTLE.