According to sources the sedans have been put on hold as GM focuses on smaller vehicles that are all the rage right now. GM has already announced plans to delay new versions of its large pickups and SUVs and the automaker is also looking at selling HUMMER.
“It’s the absolute right thing to do right now,” said John Wolkonowicz, an analyst at Lexington, Massachusetts-based Global Insight Inc., whose hobby is automotive history. They have to build the models that a high volume of customers want to buy right now.”
In the meantime Cadillac just launched a hybrid version of the Escalade SUV and coupe and wagon versions of the popular CTS sedan are right around the corner. A new Cadillac SRX which will feature styling inspired from the Provoq concept is also in the works.
Full Story: Bloomberg
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