Cadillac plans to increase its profit strategy by shrinking its line of sedans and expanding SUV, hybrid, crossover and electric vehicles (EV) lines, according to a press release on the NY Auto Giant website.
Cadillac experienced a 16 percent loss in sedan sales in China and the United States, its two top markets, so far this year, the release said.
Cadillac ATS, CTS, and the XTS sedan production is projected to end in 2019, with no specific plans for replacing each model. A new model, the CT5, priced between $35,000 and $45,000 to appeal to a broad customer base, willl be built in Lansing, Michigan, the release said.
Cadillac also plans to focus more on EVs, and it plans to introduce more SUV and crossover models, including the XT4.
A new self-driving system called Super Cruise is also in the works. It will be made available on some models and trims later this year for hands-free driving up to 85 miles per hour.