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On April 27, 2009, GM Canada announced that it would cut over half of its Canadian jobs and close 40% of its Canadian dealerships by 2014 in response to its parent company's dire financial straits. [10] Reducing its franchises in Canada from approximately 709 dealerships to about 470 across the country, after General Motors (US) bankruptcy.
Cadillac Motor Car Division, or simply Cadillac (/ ˈ k æ d ɪ l æ k /), is a division of the American automobile manufacturer General Motors (GM) that designs and builds luxury vehicles. Its major markets are the United States, Canada and China. Cadillac models are distributed in 34 additional markets worldwide.
The Cadillac Lyriq is a battery electric mid-size luxury crossover SUV manufactured and marketed by the Cadillac division of General Motors. [4] As Cadillac's first fully electric vehicle, and the first GM production vehicle using the BEV3 platform, the Lyriq introduces a new version of GM's Super Cruise semi-autonomous driving system.
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The name "Cadillac Fairview" came into existence in 1974 as a result of the merger between Cadillac Development Corporation Ltd and Fairview Corporation. [4] Cadillac Development Corporation was founded by partners Ephraim Diamond (d. 2008), Joseph Berman (1922–2003), and Jack Kamin in Toronto in 1953 as a developer of high-rise apartment buildings.
CT5-V rear. Cadillac unveiled the high-performance CT5-V on May 30, 2019, alongside the Cadillac CT4-V. It replaced the CTS-V Sport and the XTS-V Sport. [14] The CT5-V is powered by the 3.0-liter LGY twin turbocharged V6 producing 360 hp (268 kW; 365 PS) at 5400 rpm and 405 lb⋅ft (549 N⋅m; 56 kg⋅m) of torque at 2350-4000 rpm.