CEO Dan Akerson makes announcement at Beijing Auto Show
No description found
DETROIT – General Motors has unveiled plans to bring two new Cadillac models to China, the brand's second-largest market.
The XTS luxury sedan and ELR luxury electric coupe will help expand the brand's model portfolio in a luxury vehicle market that grew by 39 percent in 2011. The XTS luxury sedan, the most technologically advanced production car in Cadillac's history, will be manufactured and distributed in China by Shanghai GM. It will go on sale at Cadillac dealers nationwide in the fourth quarter of 2012.
Recommended Videos
China has quickly become the fastest-growing market for Cadillac. Last year, sales rose by 73 percent - Introducing the XTS now is part of the strategy of adding one new model per year to the Cadillac lineup in China through 2016 to address the needs of luxury car buyers.
Copyright 2012 by ClickOnDetroit.com. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.