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Cadillac expands as a separate business unit to New York headquarters
Cadillac currently has operations in more than 40 countries.
- September 26, 2014
- News Release
- Metalworking
GM has announced that Cadillac will continue to expand as part of a strategic realignment making the brand a separate business unit. Global headquarters for the new Cadillac organization will expand to New York, opening in 2015.
By creating Cadillac as a separate business unit, GM is working towards reestablishing itself in the luxury automotive market and pursuing the growing opportunities.
“With the relentless upward repositioning of successive new-generation Cadillac products, the next logical step is to provide Cadillac more freedom to cultivate the brand in pursuit of further global growth,” said GM President Dan Ammann.
“Cadillac’s mission is to reinstate the brand to a pre-eminent position among global luxury brands, a bold challenge requiring a distinct and focused new organization,” Ammann said. “More than a division or brand, Cadillac is becoming a center of excellence for our company.”
Johan de Nysschen, who joined Cadillac as its new president in August, will be responsible for the brand’s overall operational performance.
Cadillac’s leadership council is headed by de Nysschen, and consists of Jim Bunnell, vice president of sales and service; Uwe Ellinghaus, chief marketing officer; David Colasinski, chief financial officer; David Leone, executive chief engineer, and Andrew Smith, executive director of design. Further expansion of the Cadillac leadership team will be announced later.
Expansion Includes New York Headquarters
Cadillac currently has operations in more than 40 countries, and has reported 28 per cent global growth in 2013, it is also reporting an increase of about 10 per cent this year so far. There will be no change to technical product development teams located in Michigan, nor does the plan impact manufacturing or assembly operations. Cadillac management is reviewing options for which specific staffs will be based in New York and which will remain in current locations in the Detroit-area or elsewhere.
Cadillac sales in China have grown 75 percent year to date.
“We are very proud of our Detroit roots and heritage, and the majority of the Cadillac workforce will remain in Michigan," de Nysschen said. "But there is no city in the world where the inhabitants are more immersed in a premium lifestyle than in New York. Establishing our new global headquarters in Soho places Cadillac at the epicenter of sophisticated living. It allows our team to share experiences with premium-brand consumers and develop attitudes in common with our audience."
Said U.S. Sen. Chuck Schumer: “To have an iconic American brand like Cadillac choose Manhattan for its global headquarters is another example that this city is a growing hub of innovation. New York continues to be a magnet for the best and the brightest companies and workers alike, and as Cadillac continues on its impressive growth trajectory as a global brand, I’m thrilled it will do so based in New York City."
SOURCE GM Canada
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