2009 Cadillac Cts-v ***700hp*** Recaro, 6 Speed, Ultraview, Nav, 46k, Loaded on 2040-cars

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Why Cadillac is willing to lose 43 percent of its dealers

Cadillac is offering about 400 dealers in the United States a lump sum of money to close down. That represents over 40 percent of Cadillac dealers in America. Offers start at $100,000 and top out at $180,000. The average offering is around $120,000. According to Automotive News, Cadillac chief Johan De Nysschen estimates it will cost the automaker around $50 million to close these dealers. Any dealer that chooses to remain open will have to submit to Cadillac's ambitious Project Pinnacle, which will divide dealers into incentive categories based on how many units they sell. "Every single Cadillac dealer will have the potential to earn significantly higher profits than they do today," says De Nysschen. Dealers have until November 21 to decide if they want to take the cash or submit to Project Pinnacle. A logical question: Why is Cadillac willing to spend $50 million to close down 43 percent of its dealers? First, GM's luxury brand has way more dealerships than it needs. Second, the 400 dealers with offers to shutter each sold 50 or fewer vehicles in 2015, representing just 9 percent of its sales volume in America. So, while closing these smaller dealerships may have a small initial impact on sales, it's not going to be a major hit to Cadillac. Related Video: News Source: Automotive News - sub. req.Image Credit: Gary Cameron / Reuters Cadillac Car Dealers Luxury Performance

2020 Cadillac XT6 earns IIHS Top Safety Pick award

The 2020 Cadillac XT6 luxury three-row crossover has proven to be plenty competent on the road, and now it turns out to have impressive performance in crash tests. The IIHS recently tested the big Caddy and gave it a Top Safety Pick award. It just missed out on the highest Top Safety Pick + rating because of headlight performance. In every single crash test, the XT6 earned the highest "Good" rating for passenger protection. Both the standard and optional forward collision prevention systems also received the highest "Superior" ratings, and they were both able to bring the car to a stop before colliding with another vehicle at speeds up to 25 mph. The one area it didn't earn top marks was with headlights, which were rated "Acceptable," the second-highest score. Though it doesn't factor into the Top Safety Pick criteria, the IIHS also rated the child seat LATCH anchor access "Acceptable." Among three-row luxury crossovers, there are three others that have the Top Safety Pick rating: the Infiniti QX60, Lexus RX and Volvo XC90. Only one crossover in this segment has the highest Top Safety Pick + rating, and that's the Mercedes-Benz GLE-Class.

General Motors shaking up its marketing... again

One of the things that dogs the full comeback of General Motors is the instability of its marketing. That part of the automaker got yet another big shakeup today when GM confirmed what I have been tweeting for a few days - strong rumors that the Chevrolet and Cadillac ad accounts are walking to new ad agencies.
Cadillac, GM's luxury brand, is going into review from Fallon Worldwide, Minneapolis and the indications are that Campbell-Ewald, Chevy's old ad shop, will end up with most or all of it. C-E just announced that it was moving from its long-time home in Warren, MI to a new downtown Detroit office next to Ford Field, just blocks from GM.
The other shoe to drop shortly will be the shift of GM's most important brand, Chevy, from Goodby, Silverstein & Partners of San Francisco to McCann-Erickson of Troy, MI. McCann used to be the agency for Buick and GMC, as well as GM's corporate advertising, and has retained some pieces of business over the last few years. Sources have even told us that it was McCann that did a lot of the creative work on Chevy's new ad platform, Find New Roads. (Not to be confused with a former McCann tagline for Saab, "Find Your Own Road.")