#LAAUTOSHOW: Cadillac Says $250K Flagship Ready In 2029 - What Part Of The Buying Public Will Be Willing To Part With That Sum For An American Car?

#LAAUTOSHOW: Cadillac Says $250K Flagship Ready In 2029 - What Part Of The Buying Public Will Be Willing To Part With That Sum For An American Car?
Cadillac's new boss believes General Motors' premium brand could eventually sell ultra-luxury cars that retail for a quarter-million dollars by 2029.

"It is too early today for a $250,000 Cadillac," said Johann de Nysschen, in an interview on Wednesday at the annual auto show here. "Fifteen years from now, it won't be."

Cadillac's current flagship car, the XTS sedan, tops out at around $70,000 which is tens of thousands of dollars less than the range-topping models of such German competitors as BMW and Daimler AG's Mercedes-Benz.


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carsnyccarsnyc - 11/21/2014 3:52:56 PM
+3 Boost
2029???!!!


222max222max - 11/21/2014 3:53:40 PM
+1 Boost
Slim to none. In fact, the same goes for any car no matter where it comes from. That's a very exclusive price point anywhere.


randy3023randy3023 - 11/21/2014 3:54:31 PM
-1 Boost
2029? LOL, Government Motors will be LONG gone by then.

Besides, $250,000 in 2029 will be roughly the equivalent of $120,000 in today's dollars. GM's idiotic management nearly achieved that already with their stupid ELR.


ScirosSciros - 11/21/2014 4:20:04 PM
+3 Boost
He just said "in fifteen years" it wasn't a hard date. Man you guys are so easily trolled. Is everyone in here in their early 20s or what.


MDarringerMDarringer - 11/21/2014 8:03:53 PM
-1 Boost
de Nysschen is an anathema to success and any opportunity to eviscerate the moron is fair game


MDarringerMDarringer - 11/21/2014 7:31:34 PM
+1 Boost
De Nysschen is a heroin addict. The 2029 Cadillac CTS will cost $250K due to inflation most likely.


TomMTomM - 11/21/2014 8:34:26 PM
+1 Boost
1 - Americans already part with that amount of Money and more for American Cars - old ones.

2 - De Nysschen will not be around that long to begin with -




MDarringerMDarringer - 11/21/2014 8:49:56 PM
+2 Boost
I wish only that de Nysschen could be burned in fire


jeffgalljeffgall - 11/21/2014 9:43:17 PM
-1 Boost
The way Obama spends money, in 2029, $250k will buy a Civic


MDarringerMDarringer - 11/21/2014 11:46:04 PM
-1 Boost
so true and that tampon queen Hillary after him


Terry989Terry989 - 11/22/2014 3:17:17 AM
+1 Boost
As far as spending per capita, Regan, Bush I and Bush II far out spent Obama - - - but let's not let facts get in the way of a good old fashioned lynching.

http://www.theatlantic.com/business/archive/2012/03/obama-most-fiscally-conservative-president-in-modern-history/254658/

http://economistsview.typepad.com/economistsview/2013/02/per-capita-government-spending-by-president.html



jeffgalljeffgall - 11/22/2014 10:19:08 AM
+1 Boost
A very short sided view written by articles by his supporters. Spending per capita does not account for fixed costs getting dragged over a larger population over time.

In reality, Obama has run historic deficits under his watch that places the U.S. In financial weakness. http://www.davemanuel.com/history-of-deficits-and-surpluses-in-the-united-states.php

Deficit spending as a percentage of GDP has grown significantly under his watch. https://www.cbo.gov/publication/45230


Terry989Terry989 - 11/22/2014 1:00:56 PM
0 Boost
And I suppose the stock market has also been manipulated by his supporters:

http://www.marketwatch.com/story/2000-days-of-obama-how-have-stocks-done-2014-07-11

Knowledge is a bitch.



jeffgalljeffgall - 11/22/2014 1:49:32 PM
+1 Boost
Actually yes. The stock market is highly inflated right now due to the fed keeping interest rates artificially low and the value of the dollar dropping. Because bonds are not performing, investors are dumping more investment in stocks. This is all going to catch up with itself in the next few years and we will see massive correction. Interest rates can not sustain these lows forever and will be forced to creep up to uncomfortable rates. Will also have an adverse effect in the artificially high housing market. Try actually educating yourself beyond a few articles online.


Terry989Terry989 - 11/22/2014 2:29:41 PM
+1 Boost
And as a measure of GDP:
http://economyinperspective.com/gdp


AutopinionAutopinion - 11/22/2014 12:35:34 AM
+1 Boost
How do you spell stretch goal? Even Yugo could declare with investment and brand building they could aspire to the same. No news here.


cidflekkencidflekken - 11/22/2014 12:45:38 AM
+1 Boost
De Nysschen needs to be focusing on the products Cadillac needs to offer within the next 5 years to get them on track, not on items 15 years in the future. If he's focusing on products in the next 15 years, it should be the successors to the near-term products that will continue Cadillac's momentum. IMO, a $250k car shouldn't even be in any type of planning stage at this point until Cadillac can prove they can compete better in their current markets, and in markets they currently don't offer products, i.e. A3/CLA, S-Class, supercar, 3-row sub-Escalade crossover, etc.


MDarringerMDarringer - 11/22/2014 9:56:58 AM
-1 Boost
I think Piech has sent de Nysschen on a mission to ruin the competition. He took a badly stumbling Infiniti and hobbled them. Cadillac has convincing product and needs more of it, but this moron is renaming them and stretching the timeline. What's next? Lincoln?


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