Cadillac is reportedly pumping the brakes on a flagship sedan that would have competed with the Mercedes-Benz S-Class.
Cadillac said it was moving forward with a new flagship sedan to sit atop the current CT6 (pictured) as recently as the 2016 New York auto show, but the luxury automaker has apparently had a change of heart. According to Autoline, plans for what would have been the CT8 have been put on indefinite hold.
“This just in. Cadillac CT8 program cancelled. Was to be flagship sedan for the brand,” Autoline Tweeted.
Cadillac hasn’t responded to the report, but Autoline speculates that the demise of the CT8 is likely related to the rise of the utility vehicle. It’s possible that Cadillac will fill the CT8′s shoes with a super high-end SUV that would slot above the Escalade.
With the CT8 out of the picture, the CT6 will soldier on as Cadillac’s range-topping sedan. With a starting price of $54,490, the CT6 is about $40,000 less than Mercedes’ entry-level S-Class sedan.