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Cadillac unveils new luxury SUV, amid GM restructuring

ITN News Editor
By ITN News Editor January 14, 2019 13:39

Cadillac unveils new luxury SUV, amid GM restructuring

Cadillac unveiled its new luxury crossover, the XT6 ahead of the North American International Auto Show in Detroit.The 3-row XT6, which will be available later this year in either a luxury of sport model, was released less than two months after General Motors announced its plans to halt production at five plants in North America and slash up to 15,000 jobs.Cadillac brand President Steve Carlisle told Reuters that GM’s “transformation is difficult” and the company was working to manage the “dislocations” associated with the restructuring. Auto industry analyst Karl Brauer from Cox Automotive said GM is a “capable company moving quickly” in a competitive industry. Final preparations for the 2019 NAIS were underway on Sunday with manufactures set to display their latest offerings. The big three Detroit automakers are facing decreased demand for passenger vehicles from U.S. consumers, which has steadily dropped over the past five years while demand for crossovers and SUVS has rapidly increased.

ITN News Editor
By ITN News Editor January 14, 2019 13:39

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