Rumors of a Cadillac branded crossover are being stoked by none other than the man in charge of the luxury automaker, Bob Fergusson.
Speaking with AutoGuide at the Detroit Auto Show, Fergusson responded to rumors of an Escalade-badged crossover. Far from downplaying them he commented that, “I just think the Escalade is a strong brand within Cadillac and I think we should exploit that.”
Cautioning that, “I have nothing specific to announce,” Fergusson did more than hint at the direction of the brand’s future product development, adding that, “crossovers like the SRX are our biggest seller.”
Earlier reports have indicated that Cadillac is planning to launch a third model in its crossover and SUV lineup in 2016. Rather than returning the SRX to its 3-row roots, a new model would, allegedly, be introduced to fit that market segment competing with popular vehicles like the Acura MDX and could bear the Escalade name.
Fergusson is bullish on sales of the new fourth-generation Escalade, which will hit dealers this spring priced from $71,695. He told AutoGuide that be expects sales to get a boost with the new model. And they could use it. In 2013 Escalade sales sank to an all-time low with just 12,592 units moved.
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