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Cadillac teases two new V-Series prototypes at the Detroit Grand Prix
Sat, Jun 1 2019We told you earlier this week that there would be more to come from Cadillac's V-Series of performance vehicles following the introduction of the brand's CT4-V and CT5-V performance sedans. We just didn't expect it to come quite so soon. Cadillac surprised attendees of the 2019 Detroit Grand Prix as two new prototypes took to the track for what we figure must have been demonstration laps in between other official race events. A CT4-based machine wearing funky blue camouflage joined a red-hued CT5-based prototype on the track, with driving duties split between Mark Reuss, president of General Motors, and Ken Morris, vice president of Product. Cadillac CT4 V-Series prototype View 3 Photos Exactly what's powering these prototypes is still a mystery, but we have our suspicions that these two beasts are putting down a lot more power than the 320-horsepower CT4-V and 355-hp CT5-V that underwhelmed enthusiasts earlier this week. We wouldn't be surprised if there was a version of Cadillac's twin-turbo Blackwing V8 engine under the hood of this V-badged CT5 prototype. Cadillac is being coy with further details, saying only that these two vehicles "represent the next step in Cadillac's V-Series performance legacy." So we'll just have to wait for now. But in the meantime, feel free to peruse the images above and speculate in the comments below.
The UAW's 'record contract' hinges on pensions, battery plants
Thu, Oct 12 2023DETROIT - After nearly four weeks of disruptive strikes and hard bargaining, the United Auto Workers and the Detroit Three automakers have edged closer to a deal that could offer record-setting wage gains for nearly 150,000 U.S. workers. General Motors, Ford Motor and Chrysler parent Stellantis have all agreed to raise base wages by between 20% and 23% over a four-year deal, according to union and company statements. Ford and Stellantis have agreed to reinstate cost-of-living adjustments, or COLA. The companies have offered to boost pay for temporary workers and give them a faster path to full-time, full-wage status. All three have proposed slashing the time it takes a new hire to get to the top UAW pay rate. The progress in contract talks follows the first-ever simultaneous strike by the UAW against Detroit's Big Three automakers. The union began the strike on Sept. 15 in hopes of forcing a better deal from each major automaker. But coming close to a deal is not the same thing as reaching a deal. Big obstacles remain on at least two major UAW demands: restoring the retirement security provided by pre-2007 defined benefit pension plans, and covering present and future joint- venture electric vehicle battery plants under the union's master contracts with the automakers. On retirement, none of the automakers has agreed to restore pre-2007 defined-benefit pension plans for workers hired after 2007. Doing so could force the automakers to again burden their balance sheets with multibillion-dollar liabilities. GM and the former Chrysler unloaded most of those liabilities in their 2009 bankruptcies. The union and automakers have explored an approach to providing more income security by offering annuities as an investment option in their company-sponsored 401(k) savings plans, people familiar with the discussions said. Stellantis referred to an annuity option as part of a more generous 401(k) proposal on Sept. 22. Annuities or similar instruments could give UAW retirees assurance of fixed, predictable payouts less dependent on stock market ups and downs, experts said. Recent changes in federal law have removed obstacles to including annuities as a feature of corporate 401(k) plans, said Olivia Mitchell, a professor at the University of Pennsylvania Wharton School and an expert on pensions and retirement. "Retirees want a way to be assured they won't run out of money," Mitchell said.
Cadillac sprinkles changes around its 2022 lineup
Tue, Sep 7 2021Cadillac is doing its best to keep the model-year-update train running, making incremental changes to the CT4, CT5, XT4, XT5, and XT6 for 2022. We'll start with the change coming to the entire Cadillac range, that being the addition of the automaker's Smart System package of nine driver assistance aids. The nine features are: Automatic Emergency Braking, Forward Collision Alert, Front Pedestrian Braking, Safety Alert Seat, Rear Park Assist, Rear Vision Camera, vehicle diagnostics, Teen Driver, and Rear Seat Reminder. After that, the CT4 and CT5 will gain the option of Super Cruise 1 and Super Cruise 2 on Sport and Premium Luxury trims. Super Cruise availability on the XT6 to follow at some point during the model year, but since the XT6 is built on GM's previous electrical architecture, its version of Super Cruise will lack some features such as Automated Lane Change. Also inside the vehicles, it's been reported that Inteluxe will be the new name for leatherette seating across the lineup. Taking each model starting with the CT4, GM Authority says the compact sedan will lose its Dark Blue Moon Metallic, Evergreen Metallic, and Velocity Red exterior colors. They'll be replaced by Blaze Orange Metallic (pictured), which is reserved for the Sport, CT4-V, and CT4-V Blackwing, and Electric Blue and Dark Emerald Frost, which can only be optioned on the CT4-V and CT4-V Blackwing, and the latter color will have limited availability. The CT5 gets one of those new premium exterior hues, Blaze Orange Metallic. It will be available on the CT5 Sport alone. The base 350T models powered by the 2.0-liter turbocharged four-cylinder also had their fuel economy figures updated recently. The rear-driver gains another mile per gallon in the city and combined, the all-wheel driver gains one mpg in the city and loses one mpg on the highway, according to the EPA. The XT4 drops the premium exterior colors Shadow Metallic, Garnet Metallic, and Autumn Metallic. They are replaced by Galactic Gray Metallic, Latte Metallic, and Rosewood Metallic, all of which will add $625 to the MSRP and be available throughout the model lineup. Cadillac Society reports that NFC capability falls away next year, the tech deemed outdated. The refreshed XT4 that had been expected next year is now thought to arrive for the 2023 model year.
