Tags: cadillac | escalade | luxury | suv

Cadillac Escalade Gets Makeover, But Luxury SUV Market Smaller

Image: Cadillac Escalade Gets Makeover, But Luxury SUV Market Smaller

Tuesday, 08 Oct 2013 03:49 PM

By David Ogul

  Comment  |
   Contact  |
  Print   |
    A   A  
  Copy Shortlink
General Motors has unveiled a revamped Cadillac Escalade that is winning plaudits from car critics, but at least one reviewer is saying the move may be for naught.

After all, Cadillac sold but 1,754 Escalades in September, wrote Douglas A. McIntyre of Yahoo news.

Editor's Note: ObamaCare Is Here. Are You Prepared?

“Cadillac can put it on showroom floors, offer special discounts and lease packages, and even negotiate sales well below the sticker price,” McIntyre wrote. “No matter. The Escalade will sit on dealer lots with barely a buyer to look at them.”

CNN notes the luxury SUV market has been shrinking for some time, with large SUVs making up less than 10 percent of all luxury SUV sales. A decade ago, they made up 27 percent of all luxury SUV sales.

Cadillac unveiled its new model on Tuesday. Critics were wowed by the SUV.

The vehicle retains is girth, weighing about 5,600 pounds, and it is powered by a new 6.2-liter, V-8 engine with 420 horsepower and 460 pounds of torque. Automotive news says the six-speed automatic should be replaced by an 8-speed automatic by mid-2015. The SUV should hit showrooms next spring.

The Escalade, manufactured in Arlington, Texas, was introduced into the market with the 1999 model and it was last redesigned in 2007. This is the fourth generation of the vehicle, and it can seat eight in an interior centered around a entertainment system that includes an 8-inch screen that works similar to an iPad.

CNN, noting that Escalades are popular with car thieves, says the new vehicle includes sensors for intruders, breaking glass, and sudden inclines that can tell when the vehicle is being lifted or towed.

“The 2015 Escalade is completely new and elevated in design and technology,” the Dallas Morning News quoted Bob Ferguson, senior vice president of global Cadillac, as saying at the unveiling in New York. “The clear objective is to once again assume the leadership position among luxury SUVs.”

Pricing of the revamped SUV hasn’t been announced. Escalades now start at just under $68,000.

Editor's Note: Do You Support Obamacare? Vote in Urgent National Poll

Related stories:

GM SUV Recall Adds Another 231K To Prevent Electrical Fires

New Bentley SUV On The Way, But It Will Cost You

© 2014 Newsmax. All rights reserved.

  Comment  |
   Contact  |
  Print   |
  Copy Shortlink
[Error loading the WebPart '']
Value cannot be null. Parameter name: virtualPath
Send me more news as it happens.
 
 
Get me on The Wire
Send me more news as it happens.
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
You May Also Like

6 Die in Glasgow Road Accident When Truck Plows Into Pedestrians

Monday, 22 Dec 2014 17:00 PM

Six people died on a Glasgow road Monday when a garbage truck crashed into a group of pedestrians, police said. Several  . . .

58: Zoo Gorilla Colo, Oldest in Captivity, Celebrates Her Birthday

Monday, 22 Dec 2014 16:41 PM

Colo, the first gorilla ever born in a zoo, turned 58 Monday at the Columbus Zoo & Aquarium, celebrating with a cake sha . . .

Menelik Watson, Raiders OT, Gives Game Check to Sick Girl's Family

Monday, 22 Dec 2014 16:21 PM

Oakland Raider Menelik Watson has donated his whole paycheck for one week to bring a 4-year-old girl with a heart proble . . .

Top Stories

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved