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General Motors' 112-year-old luxury car division, founded in Detroit and named for the city's founder, is moving its headquarters to New York. Cadillac, which has been steadily losing sales to its German rivals,
Cadillac will become a separate business unit, giving it more freedom to chase global growth. Most product engineering and design will remain in Detroit. Cadillacs will continue to be built at plants in Michigan, Texas, Canada, Mexico and China.
The company is still evaluating which employees go to New York,
Cadillac will become a separate business unit, giving it more freedom to chase global growth. Most product engineering and design will remain in Detroit. Cadillacs will continue to be built at plants in Michigan, Texas, Canada, Mexico and China.
The company is still evaluating which employees go to New York,