Elvis’s Big Cadillac May Go Way of Tail Fins, 25-Cent Gasoline

By doris | Published: August 10, 2008

Bloomberg.com

Aug. 8 (Bloomberg) — Cadillac’s biggest sedans, once a symbol of the American dream, are in danger of joining Elvis Presley and tail fins in the pop-icon obituary column.

Plans are on hold for new versions of the largest Caddies, which trace their lineage to the 1950s-era car so beloved by Johnny Cash’s fictional factory worker in “One Piece at a Time” that he smuggled one out part by part. General Motors Corp. has sidelined replacements for the Cadillac DTS and STS in favor of more fuel-efficient models, people familiar with the plans said.

“In the bad ol’ days, the big old Caddy and the big Buicks were the way you showed you’d made it,” said Alan Baum, director of forecasting at the auto consulting firm Planning Edge in Birmingham, Michigan. “To the extent people still want Cadillacs, they want a very different car.”

This entry was posted in Business, Financial, Travel. Bookmark the permalink. Post a comment or leave a trackback: Trackback URL.

Post a Comment

Your email is never published nor shared. Required fields are marked *

*
*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>